this analogy really isnt complete.
A complete ship builder analogy would be dan builds a ship, sells passage on it to a bunch of people. Then, when it starts to take on water a half an hour into the voyage, he makes for the nearest life-raft, paddles to shore, and starts the whole proccess over again as the passengers on the original ship get sucked down into the icy depths. Maybe tossing a "they knew the risks. ive learned so much from this expirement. this time will be way better" over his shoulder to potential new investors.
im just sayin.
That is a far from completing the analogy. There are people who use Steem for its utility and to change effort into money that they have spent. If you are only capable of looking through a 'price' lens then you misunderstand the vessel you are travelling on. There are also millions of people not using Steemit simply because they are unaware of it or have access issues.
Hm...interesting. why you think steem is a sinking ship out of curiosity?
price, user engagement, user retention... i mean pretty much pick a metric.
also, theres the two-sentence resignation announcement from its CTO.
i know youll try to spin all these things, but to people who haven't checked their critical thinking at the door, its pretty transparent.
EDIT to add:
Worthwhile to clarify, i do think steem is taking on water. I don't think its sunk, or certain to sink. The ship can be righted imo, but only if the people running it actually try to fix the problems (instead of patting themselves on the back for how awesome they think their ship is).
I wouldnt call it spin to disagree with yiu based on some truth: I dont know of many cryptos that dont follow a very similar pattern of pumping to a huge valuation and then slowly losing value until it finds equilibrium.
Show me the metrics you are looking at and maybe we can talk, but I am personally not powering down (without powering it right back up). Should tell you where I stand. I do agree we have struggles as a community and a chain, but Ive never been part of something big thst didnt have struggles. So I guess you can call it spin but I definitely do see it differently than you
Which is fine :)