Everything needs a balance. Unlike other cryptocurrencies, spam on this blockchain directly degrades the value and usefulness of the entire network for everyone else. Essentially the value of all of our investments goes down if Steemit becomes known as a social media platform dominated by spam bots.
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This makes sense. How do you see the negative impact different from that of bitcoin? Do you see any negative impacts other than larger-than-necessary block chain size or sluggish network?