Wow, very insightful post! I am on the platform a couple of days and I am still trying to wrap my mind around the whole concept. It is mindblowing to realize that it is possible to make hundreds or thousands of dollars by posting texts and images.
What I am seeing is that this crypto revolution, and all the money involved, will change the way we think about the internet and technology.
One point that does worries me a bit is the fact that the early adopters make so much more. Fair enough, the early adopters take all the risks. But this kind of creates the incentive for the community to keep creating new platforms and protocols for the sole reason of becoming early adopter over and over again
What is your view on this @gigafart ? Any ideas how to conquer this?
It's said that humans spread all over the globe via population budding, like when a sub-group splinters off of the main group in search of better conditions. Or after a disagreement, probably over resources.
Could contentious hard forks, or a ceaseless cycle of new coins be inherent to cryptos?
One reason for people to not invest more is fear. I am personally thinking of investing more and more in cryptos and steem certainly is in my radar right now. It is clear that it is far from it's potential still.
We need to realize one thing: Why are Facebook, Whatsapp, Snapchat and Instagram worth so many billions of dollars? One reason:
The Community
Therefore I have high hopes for Steem!