@snowflake
I really want to invest in steem, everything in me is screaming: Buy! Buy! Buy!
But everyday when I see what is on the trending page I come to the same conclusion: regardless of the technology the value of steem can only go down.
Similar to Bitcoin if only a few dozen miners were allowed to solve blocks and the whales hoarded bitcoins in order to keep the public out.
I can only imagine how many people would love to buy into the technology behind steem or maybe a new fork of steem, but will not due to the current climate.
That's pretty accurate actually .
Even if steem has some problems ( which are solvable) it still has a way more democratic distribution mechanism than any other crypto out there.
I don't know if you've noticed but more and more people are getting into the business of rewarding users ( 21inc, electroneum,and many other social media app like sine). These guys are just only realizing that this business model is the future and is the only way to get the masses interested in crypto. Steem is at the forefront of that which is why I keep stackin every day.
I did not know that they were rewarding users in a similar fashion as Steemit. Although I keep hearing @ned talk about SMT's potential to reward on any web site similar to Steemit's model.
I am actually very grateful to Steemit, because a year ago I met @cathi-xx on here and I moved to England to be with her, so that is why I might be very critical at times, because I really want Steemit to succeed.
At the moment I am just holding a little bit of steem and hoping that they fix some of the issues. I have also stopped writing stories on here, since they take so long to write and get edited, when there are practically no large SP holders left that are still curating.
Steemit is a good playground and they have all tools to test the best way for this model. Probably that is why https://smt.steem.io was made. Only it was made too fast, because Steemit still does not have a viable product.