I have heard a lot abou you@kevinwong but this is the first article I really read.
Short, but clear.
I feel your confidence in that topic.
I have to say I thought a lot of time about investing more in steempower but I am still not convinced.
The concept is great but I am not convinced if this will be stay strong.
I read already from many Steemians that they will invest more in steempower.
You mention an important point about Steem compared to other crypto currencies.
I have to make more thoughts about it.
Hi thanks for the response! Whats your number concern for the platform not to be able to stay strong?
Steemit is still young.
And like every investment is also an investment into steempower risky.
For me, Steemit has to prove itself as a platform that will exist for a long time.
I know all advantaged Steem has over othercryptocurrencies and they are right totally. But nevertheless, it's young platform. I am not sure if it will definitely survive.
May I ask you where do you see Steem and this platform in 5 years? :)
Thanks for your answer.
Yup definitely risky. But it feels right lol. I think the platform has good fundamentals, and in my opinion, a network that charges arbitrary transaction fees for revenue will technically oversell itself at one point.. which is why if Steem manages to provide more value other than just charging transaction fees is a more difficult game to overcome, with higher payoff if it works out. It's young, which is why I thought it's a good time to get in and contribute to building it last year. Active participation + investment is the best kind imo.
Oh you're asking a true believer here. I think steem will be a widely used protocol layer for web communities :) if Steem does something well, it's posting and voting with the simple addition of currency..
I really appreciate your answers.
Thanks that you are taking your time.
I can understand what you mean. I think I have to make some more research.
Maybe I will get the faith you already have