#steem

What is your evaluation regarding the current situation ?

@slowwalker@slowwalker (80)2353d

Negative or positive ?

IMO, it looks positive situation after Junstin buying Steemit.Inc.

Mainly my assessment is based on the price.

We entered into the Steem Community for more profit, frankly speaking.

Decentralization is very important, because there is a belief that the decentralization end up brings us mass profit.

For me, at least, the decentralization without profit means not thing.

Why some people highlight the decentralization of Steem community ?

Because the decentralization looked to bring them more profit for them.

What I want to say is the decentralization is important, but it is only a part of Steem value.

Steem price(profit) and decentralization need to go together.

After Justin entering into Steem community, the price looks stable. For ordinary investor like me, the steem price is more important that the decentralization that had not supported the price.

Anybody can enter into steem community.

So Justin is member of steem community. He invested much money for steem. We admit his contribution. Of course, I recognize the contribution of the old witnesses who have worked hard for the steem community.

When Justin's capability and the old witnesses' experience are merged, this crisis would turn into the opportunity.

Comments · 25

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@mattsanthonyit(81)· 2326d
It's very complicated 😔
@mattsanthonyit(81)· 2331d
I will also take positive in some regard and aspect because when Justin Sun bought Steemit he has his own goals , aim and objectives but the only negative effect was that he did all he could to Introduced his own Witnesses.
@cryptopie(78)· 2352d
The owner of Binance CZ said that steem's price is just stable because Justin is buying up steem tokens to whatever reason he is doing @slowwalker but I think the Korean community has a big impact on how will things turn out fro steem in the future.
@elindos(68)· 2353d
Thank you for this post, and also to the commenters below.

I have been on STEEM for one year only and the post and comments are rich in information for me. I have been catching up for one week about the TronTakeOver. Some comments here really help me catch up.

One week ago I discovered I had been "stupidly late" about the one currency I had digital assets into. Before the take over, I did not know things like this were even possible.

The community reaction to all this made me highly motivated for STEEM. I am part of the new game developers who knew nothing about Steem one year ago, and came to Steem thanks to Splinterlands.

I am confident it will rise and am really willing to contribute projects to it.

Even if the Steem currency went below what it was years before, the reaction inspired some people. I don't exactly understand why many projects did not attract so many people outside Steem, but I will be trying to. I think it proves that the community is inspiring. To me it sent a very strong signal.

I know I am some kind of enthusiast but there are good things to this community, and these good things were built over time thanks to so many people.
@mrgreen(64)· 2353d
my evaluation
@joelsegovia(65)· 2353d
I agree with you on the point that Justin might be a positive factor for the STEEM price, but if you're going to trade a stable price for a decentralized blockchain then there's no point to have a blockchain at all. Just let Justin compete with Zuckerberg then and have him create a new type of Facebookish social network...

I deeply respect your opinion, but you have to factorize that the target audience for a blockchain-based social media is one that likes decentralisation, and that it's an audience that is willing to bear decentralization's strengths and weaknesses
@epic-fail(70)· 2353d
It's a great time for everyone to join the Farting Community, thats what I think.
@discernente(77)· 2353d
We don't want just temporary profit. We want enduring profits. That is why decentralization is so important in the long run. We want to build something realy big and revolutionary that will stand the test of time.

Posted using Partiko Android
@coinchaos(63)· 2353d
Most positive thing to happen for Steem in history. Now it is Bidbot witnesses vs Sun witnesses. I just hope Sun starts voting on posts now and bring some balance to trending.
@carapthian(46)· 2353d
I agree with this and would add some more thoughts to your message.
1. in my view decentralization only leads to anarchy if no solid base has been established yet, you can only pursue true decentralization by setting up a good base in a centralized way first.
2. Steemit does not have a solid base yet, it is not open for everybody to join. The onboarding is difficult. This needs to be fixed first and as long as you do not fix this, you a. Give more power through knowledge to people knowing steemit, which is reverse decentralization b. You limit the platform to the limited amount of people who are enough tech savy or willing to put in some effort. This is also against true decentralization.
3. The involvement by Justin is bringing resources which can improve the platform in a centralized way, leading to a more open society and leading to a more level base knowledge base.
This is good for Steemit in my view short and mid term. The challenge is long term, when Justin / TRON needs to move Steemit back to a decentralized set up when the basics have been improved.

The big question is, will he be willing to do so. For now the involvement of Justin is helping things moving forward.

Just my humble opinion
@free-reign(67)· 2353d
Problem is, Justin wants total control of the blockchain. That isn't going to work, and it's not negotiable IMO, to the majority of steemians. Steem blockchain can't be decentralized if it has one person dictating everything that goes on, and Justin insists on having such control. His suggestion that he have "veto" power would also amount to him having total control over everything.

Unacceptable.
@battleaxe(70)· 2353d
I have no idea and think a lot of people are looking how to buy toilet paper at the moment
@trayan(71)· 2353d
inspecting the viral code.. every new momenti we find new glitches... yes the panic is ignored as we dig into the ZERO point...

I guess the old consciousness is going to split into another hardfork :D
@dobartim(77)· 2353d
Win-Win situation, I agree 100%.
@ocupation(71)· 2353d

IMO, it looks positive situation after Junstin buying Steemit.Inc.

You must be kidding me, right?

The only reason why price is better is due to a Justin buying more yo overthrown our governance. Splitting the chain is inevitable
@hobo.media(64)· 2353d
I'm sorry to disagree but decentralization of a blockchain is essential. Without decentralization a blockchain has no value.

I do hope that Steem and Justin can move on, come to mutually beneficial terms and begin cooperating.
@clove71(77)· 2353d
I'm a bit exhausted from it all! They closed my Twitter for 2 days for "spam" lol! I was posting hundreds of comments, etc. I just want Steem to thrive and do well! I love this blockchain and community!
@reviewzzz(68)· 2353d
I think we are now in A Fork
@cjsdns(75)· 2353d
나도 님의 글에 공감 합니다. 감사합니다.
@argsolver(53)· 2353d

Decentralization is very important, because there is a belief that the decentralization end up brings us mass profit.

Steem price(profit) and decentralization need to go together.

After Justin entering into Steem community, the price looks stable. For ordinary investor like me, the steem price is more important that the decentralization that had not supported the price.

What is the value of a DataBase? The value relies on its integrity. The market is discovering a new type of database, the "blockchain". It's only 12 years old.

"price" is just a market process related to value, but it's a discovery process. It's not a linear and immediate equation like "price=value".

You could learn the difference between price and value researching what Warren Buffet explains regarding that matter.

The technological advantage of a decentralized database ("blockchain") vs. a centralized database means that it is also more valuable.

If you turn a blockchain into a standard database by means of centralizing it towards 1 authority, then you are destroying value.

Short time price IS NOT value. An investing strategy taking in consideration only the price is set to fail in the long term.

An even more valuable STEEM community could be achieved if the DPOS protocol evolves into a REDPOS that is less vulnerable to centralization forces, that ultimately destroy value.
@geekgirl(80)· 2353d
Price looks stable because he is buying up Steem, so he can take full control of top 20 witness spots. If he achieves that, he will probably implement a hard-fork, power down, move funds to exchanges. Just my guess.

Decentralization is not just about money. Justin clearly doesn’t care about Steem or decentralization.
@davedickeyyall(79)· 2353d
Wow 557 people voted. Yet only 1 real comment.
@aulia1993(71)· 2353d
I a gree with you. currently steem prices are stable. hopefully with Justin, it can always bring better change for a long time. especially on price.
@jaki01(77)· 2353d
I presented my point of view of the current situation and ideas how compromises could be found here.

Comments · 25

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