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RE: What Happens to Steemit With Social Media on EOS?

in #dtube6 years ago

Both are a drop in an ocean. To say that social media on EOS will "kill us" would be baseless fear mongering. Nothing will happen in the short term. To the extent social media on EOS is successful, that will only spread awareness of decentralized social media among the general public, still totally unaware of such an alternative.

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Interesting take. I am not sure if it would "kill us" right off, but I am not sure what the definition of being not killed is. I was here at 7 cent steem, yes we were alive. I am assuming whatever he does will be many magnitudes better than a Weku for example. I suppose this is old news now, but there is not much room to fall from 36 cents.

You can bet the farm on whatever is being built on EOS not killing us. There is no competition between crypto projects at all. All those figure heads like Justin Sun of Tron trash talking other projects are clowns. Are they even serious? Can they be so stupid as to not understand that if the crypto space is to succeed at all there will have to be so much room for growth for everyone that the concept of competition does not make an iota of sense at this point? The whole sector could use the stronger network effect from combining forces through robust interoperability between chains at this point. This is not a boxing tournament between different blockchains. That's a completely brain dead idea.