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RE: Thoughts on Currencies and Valuations
this is a live project, many smart people are involved in it and it will only grow despite the market.
this is a live project, many smart people are involved in it and it will only grow despite the market.
STEEM truly does have a lot of smart people with fairly brilliant ideas for enhancing and increasing the platform. @icopulse has it right that its a live project. It isn't just some idea someone made for the laughs or just to into the cryptocurrency wave but people have real ideas that can be used with STEEM. Dlive can be a Twitch contender, Dtube instead of youtube, Dsound and Steem Monsters for music and a game integrated to accept cryptocurrency. You only need to have an idea and pitch it so its great that people share STEEM with everyone.
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I think the biggest barrier for entry is the actual process of getting people involved in the Steem Ecosystem. I mean I can see it being complicated for some who aren't very technical but want to know how it works. They have over complicated the system and shot themselves in the foot in a way. For example drawing the distinction between steem ,steem power and sbd and knowing which is more important may take some getting used to for the lay person. Steem cannot remain niche forever or else it will fail. Simple things like making sure users understand how to use the system and signing up for accounts should be taken care before they can charge. But I do agree that I don't see the system surviving without actual valued currency coming in.
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