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RE: Why STEEM Cannot Be Stopped: Not By The Banksters, The Government, or Zuckerberg!!!! Another Reason Why STEEM Could Make You Insanely Rich!!!
I usually agree with you @taskmaster, but on this one I'm not so sure. I think a centralized blockchain is the bankster's wet dream. Or Zuckerberg's, for that matter.
The banksters, of course...they are already under those laws so to them it isnt a big deal...although I often wonder why they need one...they have the USD which is basically a digital currency at this point.
As for FB, they just aligned with LTC. I think that is very telling. It really isnt that difficult to bring out a token, FB could have done it easily...why didnt they? Why both to partner (of sorts) with LTC when you can do it yourself and make a lot more?