RE: Case Study On A Crypto Skeptic Who Was Roped In By Steem(it)
Yes, the foundation of this blockchain has been overlooked when it comes to mainstream adoption.
Many users out there are saying, "Look! Proof-of-brain is broken so we'll never have mainstream adoption!"
When in reality Proof-of-brain was always a goal, not a given.
Many of us have been overlooking the fundamentals for quite some time.
- 3 second blocks (blazing fast comparatively)
- 4 levels of security with account recovery
- @username addresses
This is the foundation of mainstream adoption, not POB.
We used to be rank #27 in the market cap.
Then we crashed into the 50's.
Why is that? Speculation.
Speculation that this is the Dot Com bubble.
STINC lost 70% of their employees?
Oh well Steem is dead now. The first of many.
Oh, wait... Steemit just released Hivemind? But I thought Steemit was dead? They aren't dead? But I thought they were... weird.
And now we are at #43 and climbing... even in the face of 34 million coins being powered down, which is mindblowing to me.
Price action means nothing.
Speculators are wrong.