i see two sides of the game right now - the tech side and the financial side, which are not mutually exclusive. there are a great deal of sharks in the water and snake oil salesman on both sides, so my advice to anyone getting into the space is they do a substantial amount of research before diving into anything.
i see human beings' social credit becoming way more important in a blockchain world. the web of trust of individuals - who you know and how you treat everyone - becomes the real currency.
I like that last bit. It's rare to find someone involved before things got really mainstream. What are your honest thoughts on Steem, Binance Coin, and yes I know Dogecoin? I am curious about those three, and was wondering an alternative opinion. Thanks.
steem is a cool concept but super young so who knows exactly where it will go. people not being able to edit their posts and potentially embarrassing themselves for all eternity may backfire - some things should be mutable.
binance coin or any exchange coin is good as long as the exchange is good. i have binance coin purely for trading fees.
dogecoin is the original meme coin and, while it provides no technical leaps and bounds, has the cutest logo.
Thanks for the detailed reply. The cutest logo part made me smile.
Editing posts after payout is on the horizon
you can step through edits though i'm assuming because lol immutable - that's more of what i was referring to
Well yeah but isn't that the entire internet?
If someone posts something online it likely gets archived by other services. They can edit the document but the original lives on.
With Steem if you edit a post and then query the content you will not see a history of edits. But if you stream the blocks and store the operations to a third party database you will always be able to get edit history.
Social media on a blockchain is definitely an interesting concept. Curious to see what happens with DMCA takedowns and legal claims in the future.