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RE: Steem Basics: Why Steem is an Application-Specific Blockchain

in #steem6 years ago (edited)

I'm not asking to you to qualify yourself, but rather your argument, which seems to hinge on "blind machine logic is superior to the conjunction of machine and human validation." If I'm wrong, I'm open to learning from your point of view.

going by the current Steem price its a rather dismal future indeed.

Would you feel the same way with a 20x price in the bull market, or just now, near the trough of valuation? My guess is yes, since your issue with PoS seems ideological (though also logical.) The funny thing is, it's the opposite with many other people, who see PoW as antiquated and inefficient. I don't know enough to conclude either way yet.

What do you mean by needless complexity?

If you're right and I lose all my money in STEEM, I'll save up more and buy DASH or Monero next time. ;-) Or hell, maybe even clunky ol' BTC.