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RE: MEOS ... June 1st ... The STEEM/Steemit Killer
I have heard this steem>Steemit crap since steem was trading at 3 bucks. Every time I said FB has no coin but they do have a half a trillion market cap.
and @old-guy-photos, they are talking about introducing their own token: Global Coin. And then what?
@fionasfavourites,
Fiona, I touch upon this in my reply to @nickyhavey.
Quill
And they will soon have a coin. What will become of Steemit when the largest social networking site on the planet has a currency?
@old-guy-photos,
Of all the tiresome arguments made about STEEM/Steemit, this has got to be the worst. Every time one mentions how the shortcomings of Steemit are hurting the price of STEEM, some luminary feels the necessity to chime in, for the billionth time, "STEEM and Steemit aren't the same."
No shit, Sherlock.
But ... Steemit IS the PRIMARY PRODUCT of STEEM, the only thing 99% of Steemians care about. And, any company/blockchain with a highly dysfunctional PRODUCT has got a big problem. And hence, discussing how the former inevitably effects the latter is EXTREMELY RELEVANT.
It's as if these anarcho dudes have a list of talking points with which to answer all questions.
Arrgh.
Quill
Kind of like saying well Mcdonalds is more than burgers and fries. Who cares if the burgers and fries suck lol.
@old-guy-photos,
You win the Nobel Prize for Perfect Analogies.
That's it. Name a highly successful company that doesn't have a core product. Horizontal Line Extensions (other products) are built to compliment the core product, not replace it!
This ought not be an astonishingly difficult concept to grasp. And yet, here on STEEM/Steemit, many Whales, Dev's and Witnesses never tire of denigrating Steemit.
Why?
Whatever SP is used to upvote Steemit posts is SP that can't be used to fund their DApp projects which, they hope, will make them rich in a SMT ICO.
And so, shit all over Steemit and drown in your drool about STEEM's ever-spiraling number of DApps ... most of which no one could care less about.
STEEM/Steemit has been converted from a crypto-based social media platform into a source of venture capital funding for Dev's who couldn't otherwise secure financing.
Given STEEM's statistics, apparently the market doesn't think much of the development. But, as usual with ideologues, everyone else in wrong no matter how much evidence they possess in support of their assertion.
Quill