RE: The Future Direction of the Steem blockchain and why we shouldn't change the economic model right now. [WARNING A POSITIVE ARTICLE].
Great post as always. People are continually writing and making videos about how things need to be changed. While the STEEM ecosystem is not perfect, it is working rather well. We do not need to change STEEM, STEEM itself is changing.
The innovation of the community is starting to take over. This is a wonderful thing. What the first developers envisioned is rarely what results. You having a technology background means you know it well. However, that does not mean that what results is not fabulous.
I agree STEEM is moving away from the content end of things. I wrote a post where STEEM is not going to be earned but will be the wealth token. It is going to be extremely valuable since it is the token that is needed for bandwidth. The thousands of different projects that end up on STEEM are going to need this. That is going to push the price up.
Even a couple hundred STEEM is going to be very valuable in a couple years. People need to remember this. It is a point that is continually reaffirmed to me.
One of the most exciting things to think about if you have a long term game plan on this blockchain!
This entire point that both you and @exyle make is what gets me as both a content creator and entrepreneur...Fired up! I wanna be here for the creativity. But I'll stay for the exciting things being built on the blockchain.
SteemMonsters is just the tip of the iceberg.
and watching what @dlive have been doing lately too....Very exciting stuff!!!
I agree, steem will definitely gain much more value in some years time. I think it's a really good innovation and it's going to get much better over time.