Its OK to FUD

This article is full of FUD, Sir! Full of Shit and highly speculative, in fact, everything with Steemit is fine and I am just a mentally ill and highly paid Russian troll. So don't read when your only reaction will be counter-FUD, in order to save your big bags from the pure evil within this article. Stay pure and naive...sorry I mean positive. And if nothing works, flag me to the ground...I mean downvote, possibly I'm infected by some kind of space virus or some wired shit.

yeah ok got it ... Steemit is not Steem. And well, dear NPC you are right (ok you are left I know but...). Steem is potentially a great blockchain for many different dApps, like gaming-dApps. And I am happy to see projects like Steemmonsters, Drugwars, and Nextcolony

They have the potential for bootstrapping Steem as a gamingplattform.

But again Steem(it) is the flagship dApp and without Steem(it), there would be no Steemmonsters and no Drugwars and so on. So Steem(it) is a necessity.

With a new low in daily active users, the price has reached an all-time low in Satoshi, while other technology token are going up.

in the long run number of users = price. Period.

from top 20, into top 50, into top 100 ...

...

In order to help our system, lets observe the competition:

The bad, the evil, EOS

We don't know what the EOS aka. Block.One's announcement in June 1st will be, but they say it is the biggest since the launch of their software:

Block.One has a 1 billion USD ecosystem development fund only for dApps. And besides the Billions they hold in an EOS-smart-contract, it is backed by Peter Thiel (ex Paypal CEO, early Facebook Investor, and billionaire), Mike Novogratz (billionaire), Brock Pierce (Billionaire) and of course its CEO Brendan Blumer with Networth near to one billion. There are connections to Goldman Sachs, and the Trump administration.

For the election in 2020 Dan has a patent on a voting validation technology, and the Trump administration is interested (because Clinton-media says the election was manipulated). Also Block.One is moving to Washington DC.


Peter Thiel is also a Trump advisor and helps him with technological details. Btw. the person next to Thiel is Tim Cook CEO of Apple.

Before Steemit

Dan as the main developer has a father (Stan Larimer) who is also involved in blockchain, he is part of Bitshares and was involved in the Cofounding of Steemit (the company cryptonomex), he is a rocket scientist, specialized on satellite-nodes. They already have launched nodes with space Xs Falcon 9.


[Stan Larimer writing about the way to Steemit inc.]

So basically the person left with Steemit Inc. is Ned. And Ned has his Vision of SMTs on Steem, plus there was a hint that he planned his own company (Destiny), in order to create his own social media. We don't know what happened to this (do we?).

EOS June 1st

EOS/Block.One will bring its Steemit 2.0 (the patent called MEOS) probably next month.

MEOS: https://trademarks.justia.com/880/48/meos-88048085.html
EOSX: https://trademarks.justia.com/880/87/eosx-88087413.html

When one user asked Dan if they will support the import of your Facebook history, Dan answered:

yes they do, via law, every social media has the option that the user can download his history as a JSON-File. So you can import your Steemit-account and Facebook account and load it into your Steemit 2.0 Account.

interestingly they will use unique user identification (this gives the possibility to prevent self-voting and Universal Basic Income...you bee eye) they will support fingerprint and face recognition instead of complicated private keys.



[every year the smart contract unlocks 10Million of their collected EOS and they can use it for User acquisition...so right now 200 Million each year :D]

Yesterday I was surprised by the Bravebrowser, the UBI really works. For one day of surfing, I got 2-BAT (Basic Attention Tokens). So maybe 7-14 BAT a week. This means I earn more by watching/listening to Alan Watts or Car-reviews on Youtube than by curation on Steem (compared to an account with 3000-7000 SP)... this is not how it should be :D

Also, they will support apples secure enclave:

“This is the standard created by NIST and used by Apple, Android, and many Smart Cards. Users will have the option to pick their curves (secp256k1, is used by Bitcoin and EOS by default) and can use both (r1 and k1) if they don’t know which one to trust! The most important aspect of this is that it will give every cell phone user a hardware wallet with biometric 2nd-factor validation,” (postet by Larimer on Steemit)

this means I-Phone compatibility. Ohh you know which Washington-DC-based company (together with Goldman Sachs) has announced a smart card based on a fee-less coin? ...

From a price to performance ratio Steem is still undervalued, of course it is. So I won't admit that aggroed with his positive outlook post is wrong, there is still huge potential in Steem as a technology. But the social media aspect is shit and needs to be fixed as soon as possible. Or do you think Steemmonsters would exist without Steemit and all the promotion?


EOS has 34,6 times the performance of Steem but Steem still is one of the top dPOS Systems out there

And the dApps on Steem are used by real users

this is huge, no question. And can you imagine how huge it would be with a well working Steem(it) and Steem-politics? So I dont know why big accounts are going out and write "everything is fine" and "nothing to see here". This is the same what our politicians are doing. Until next time :)

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