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RE: @ned Denies Request For Financial Transparency

in #busy5 years ago (edited)

I also don't think that Ned has to disclose anything since we are all invested in Steem blockchain and not in this company. We all know that the amount of SP they hold is massive and if they dumped then the prices would plummet. But this would only be an excellent buying opportunity for those who believe in the future of this blockchain. And this is unlikely that they would dump. Otherwise they wouldn't need to lay off 70 percent of the team.

I started using Busy again when not on the phone. The interface is far friendlier than steemit's. And if in the future they would add a link to blocktrades for buying or selling steem, then there will be no reason to return to steemit. Oh, and having my browser remember the tags I'm using on Busy would save me something like 10 seconds... 😀

By the way, have you seen this announcement by Coinbase that they are looking into other digital assets to add to their exchange? Although Steem is not on the list, lots of people are voting and commenting for Steem. But this one response criticizes several things about it and asks Coinbase not to add Steem at this time. Would be interesting to see an intelligent counter-argument. Here is the link to the response: “Where’s Steem on this list?” by zyx https://link.medium.com/KNXVLX4yvS (Look for Frank Kemnath)

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Even if you dumb Steem down to the basics:

  • 3 second blocks
  • stake your coins / upvotes are worth money
  • zero transaction fees.

That should already be enough to add Steem to the list. Our API is just icing on the cake.

Oh... our bid-bots are a problem? They operate in a setting of social media. Where's the other social media alternative-coin?

steemit has lacked innovation all year and is only tolerable with steemplus. steemit issue is a drag on steem but hopefully positive changes are finally on the way, but who knows

This is a valid argument, but how does one justify picking other coins that don't do anything yet?

coinbase nominations.png

I would actually vote for Maker and Dai before Steem. Those picks would synergize better with Coinbase. We absolutely need a decentralized stable-coin option. Adding Dai to Coinbase would allow businesses to accept Dai directly to a source that could be cashed out to an American bank account.

However, many of these nominations are clearly worse than Steem. Also, none of these coins are trying to do what Steem is attempting. Social media is pretty important.