#dtube

Comparing Steem To Facebook’s Blockchain Libra With Andrarchy

Scott Cunningham@scottcbusiness (75)2627d

In this video Andrew Levine who is the Head of Communications at Steemit Inc. on the Steem blockchain who is also known on Steemit as @Andrarchy explains why Facebook's Libra blockchain won't hinder their efforts to build an amazing social platform on the blockchain, but rather that it will help amplify their efforts with the amount of awareness and hype it will generate.

I will make another video soon to dive into the Libra blockchain and what it really is!

Leave your feedback and or questions in the comments below.

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Comments · 44

@mushabbar(54)· 2612d
Yes, I think facebook and libra will be Good for Steemit...

Posted using Partiko iOS
@ahmadzareen(10)· 2624d
In this video Andrew Levine who is the Head of Communications at Steemit Inc.
@taspingo(50)· 2625d
No comparison between the two.
@onlynameleft(25)· 2625d
Has any FB spinoff idea really worked? They did the use-real-names version of myspace and made a fortune with that but nothing else they do seems to work.
@elderson(64)· 2625d
Sounds like Facebook is too watered down to hold a frontline crypto currency
@clumsysilverdad(65)· 2625d
it is going to be some show watching libra sink or soar … who knows
@arcange(79)· 2625d
Congratulations @scottcbusiness! Your post was mentioned in the Steem Hit Parade in the following category:
- Comments - Ranked 2 with 125 comments
@vintageverve(51)· 2625d
Block chain is more than a phantom. So,i think is needless comparing it with facebook
@lordnigel(67)· 2625d
Pukebookgobblecoinlibra's wants my money and my valuable content..

Brush my teeth and sleep on this one..
@geneeverett(76)· 2625d
Libra will face many challenges That said it is as least backed (though by fiat) unlike the pointless steel token. Honestly a year ago I’d say steemit is the best but with all the ads and nonsense here now I’m ready for a real decentralized crypto social media site Which is not here or Libra in my opinion
@sunlit7(64)· 2625d
@steem-ua(64)· 2626d
Hi @scottcbusiness!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation! Your UA account score is currently 4.657 which ranks you at #1648 across all Steem accounts. Your rank has improved 6 places in the last three days (old rank 1654).

In our last Algorithmic Curation Round, consisting of 189 contributions, your post is ranked at #5.

Evaluation of your UA score:
- Some people are already following you, keep going!
- The readers appreciate your great work!
- Great user engagement! You rock!
Feel free to join our @steem-ua Discord server
@dmilliz(73)· 2626d
I just went over the white paper of steem and libra yesterday and I must say, steem is quite advanced. ( haven't watched the video yet, but I shall later)
@whatsup(76)· 2626d
Hi Andy, In this post you've made some really excellent points.

Users are stakeholders. Privacy and Ownership matter.

I would love to find a talented editor to pull about 2 minutes of really strong messaging from this and make it like a long form commercial.

Great talking points and good job on throwing Steem Into the current conversation!
@aur(50)· 2626d
The way Facebook is, they're going to use Libra as some sort of social credit system as much as a "cryptocurrency". And Democrats like Maxine Waters will push to make that happen.
@prydefoltz(75)· 2626d
Pretty sure FB will mess up their effors with algorithms. They always do. LOL

The last corporation in the world I would trust is FB. With shadow banning and shadow-ading, they have turned their forum into the internet equivalent of the National Enquirer. And if you ask me they were a lot more duplicit in the whole Russian thing. FB hoards wealth and influence. I don't imagine their crypto will be any different.

This was a great analyis by @andrarchy. And we have to get even better at what he says steem is all about and we will wipe the floor with them in the long game.

Thanks, Scott.
@steem-plus(74)· 2626d
Hi, @scottcbusiness!

You just got a 12.63% upvote from SteemPlus! To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn. If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
@lordbutterfly(80)· 2626d
@andrarchy .... Andy pls. Ive listened to this and ive been watching the twitter feed. Loved your work lately but heres something i think you should focus on. People might see @ned as "the man" or the 2 women right now in charge (i apologize i dont remember their names) but the truth is that youre the Voice of Steemit.

A suggestion.... Stop dissing LIBRA. (Or at least diss it but reach out to them)

Crypto is bullshit right now. MCs dont make sense. Tech isnt properly evaluated. Theres nepotism, corruption, lies yadda yadda yadda. We can talk about decentralization, privacy whatever... BUT MAINSTREAM DOESNT CARE, CRYPTO SPECULATORS DONT CARE, BITCOIN MAXIMALISTS DONT CARE.

There is no one you can lobby to. There is no one you can convince that STEEM>LIBRA, or STEEM>EOS or STEEM>BITCOIN.

Selling vapid crypto dogma to the echo chamber STEEM community is pointless. Have your beliefs, picket for Julian Assange, send Hillary to jail.... but youre the voice of Steemit right now and you have to realize the opportunity youre in.

Ill just go and say it... Hide it, dont admit it, deny it but for the love of god reach out to facebook. Youre the head of marketing for the leading crypto social media platform, you have insider knowledge, you have experience. @ned reached out to JustinTron on twitter and looked silly because Justin doesnt give a damn... But Facebook just might.

Dont jump on the bandwagon because the bandwagon carries LTC, BTC, EOS, TRX, CARDANO.... and the bandwagon doesnt give a damn about some silly STEEM fighting the fight for them...
@supernova55(64)· 2626d
In my humble opinion, Facebook is working for the government and this is a new plan to manipulate and control humans move in the crypto world.
@drtarts(61)· 2626d
Hopefully it gets more eyes and attention on crypto / blockchain but FB sucks
@dusunur(25)· 2626d
congratulations Facebook
@sanees(55)· 2626d
Good or bad, FB initiative will drive more crypto adoption if the governments permit it. I think they take a step by step approach to get users onboard. For a fact there are so many business run on whatsapp chat platform.Imagine the economic transaction also happening through that platform? People are under estimating the impact. FB could cross 1000 USD/share in next 10 years.
@carbazel(50)· 2626d
I wonder what folks think of Rofkin? an ERC-20 token pretty much offering what seems like what is already being done here. Anyone hear of it or use it or use RAE Token?
@bitcoinflood(80)· 2626d
Well I mean Facebook should be allowing crypto ads again ;) seems like a good opportunity to spread the news.
@kayceefresh(57)· 2626d
stacking up more Fiat cash to reck in some more steem and is gonna be a massive pump for crytocurrencies
@novacadian(65)· 2626d
A featured post! How cool is that? Nice to see your hard work paying off, Scott!
@arthursen(48)· 2626d
Excellent report, thanks for posting this.
@abh12345(80)· 2626d
@andrarchy explains thing well, however, Steem does not have 1 million users - not even close.

Yes there are over 1 million accounts, but that is the only figure that comes anywhere close. Every other statistic - unique weekly/monthly/yearly posters/voters, accounts holding more than 0 SP, etc point to a much smaller community.

If you then took any time to remove bots/community accounts/test and alt accounts, this figure would reduce even further.

I feel it is detrimental to continue inflating the user-base number.

Overall though , the differences between Steem and what FB have proposed are clearly stated. Cheers.
@onealfa(76)· 2626d
LIBRA is:
- not OPEN
- not PUBLIC
- not NEUTRAL
- not BODERLESS
- not SENSORSHIP RESISTANT
Nothing more than old bad FIAT, only just in another digital shape.

How it is even possible to call it "a cryptocurrency" ???
@coingecko(71)· 2626d
@andrachy gave some great thoughts on Libra from the perspective of a blockchain based startup. We are keeping our eyes peeled on Facebook's Libra as well and will continue update information as it comes out here on our page.

In any case, Libra is still at least 6 months away from now, and many things can happen in the meantime. There's still Telegram's Open Network (GRAM) and not to mention JPM Coin that may potentially steal the spotlight before 2019 ends.
@retrocommodore(65)· 2626d
A nice interview. It will be interesting to see how Libra coin develops and what the little details are once it's actually been released, and how the other coins and blockchains will react to it.
@muzito08(46)· 2626d
I like this Thank you for this blog Wawo continue with this Gold heart you have form God
@foxkoit(76)· 2626d

No I not want this Facebook... ..steemit was help me more in last three years when I have been here, and what did facebook do last ten years? ... nothing , and worst of all it was collected information about me, and sells it at a higher price in the market. They even use my phone to reach people who are around me or not even using their service. I NOT SEE HOW I CAN USE THIS NEW COIN ???? :( my suggestion is to leave this facebook, and don't use them service, this is what I go do.

STEEM is already moving
@muppetdingdong(39)· 2627d
Wasn't Facebook supposed to accept bitcoin payments? cough cough This is FAR more a "coming together of the crime families" (global currency = new world order, look at the companies and marketing language) than an IPO or crypto offering / stable coin of any kind. This is a scam, and inevitable from the company that hasn't had any issues with trust, security, data privacy or anything...

Will you take your paycheck in Facebook coin? Yeah, I didn't think so.
@shsfse(44)· 2627d
굿
@kaerpediem(73)· 2627d
I know my friends don't try and change subject anymore when I talk about what I do... But at the same time they have not gone further than that So FB doing it opens the idea to the masses .... makes it a little more comfortable.... I'm looking at the glass half full :)
@partiko(66)· 2627d
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
@elstevano(54)· 2627d
How it will happen next ?
@wealthabreaham(28)· 2627d
It nice can u put me through more
@stealthtrader(69)· 2627d
Word 🤘
@daltono(81)· 2627d
Nice thumbnail bro! The ring around your profile is dope too. I’m giving you a follow for your design aesthetics alone.

Also, the video was quality. Keep it up!
@maloneyj55(44)· 2627d
Libra is not decentralized, not publicly auditable, not cryptographically verifiable. It runs on a questionable platform that never created it's own content and censors people. It has the backing of corporations who would love to make you pay for any and everything. I hope people can see through this.
@kingscrown(82)· 2627d
i like it!
@robyneggs(67)· 2627d
Hey Scott, this is great! @andrarchy is on point!! Thanks for hosting him.

[Check out all my social platforms and relevant links](https://linkkle.com/scottcbusiness)

Feel free to donate to me to help keep me going:

Comments · 44

Hi @scottcbusiness!

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