In this video, I talk with @StephenKendal of #PromoSteem regarding the future of Steemit as we see countless big names enter the platform as well as DTube.
We have been on Steemit for two years now and it has changed everything we thought we knew about social media. The proxy on the Steem blockchain has been an incredible innovation in the space and has brought countless people into the cryptocurrency world.
Stephen Kendal breaks down his thoughts on the latest news regarding Steemit, the upcoming Hardfork 20, where he sees the Steem price going in 2018 as well as a few critiques of the current system and why it needs to change and better scale itself.
Because we care so much about the potential behind Steemit, it's important to point out the flaws in hopes that those working at Steemit will hear us out and hopefully make a change. This is the free market after all, that's what's so beautiful about it!
While we continue to head into the future on the platform, there are so many alternatives Steemit is creating for the world alongside Dan Larimer's other genius infrastructure that is EOS. Smart media tokens, password protection, transparency for business, EOSfinex the decentralized exchange, true alternatives to the vastly centralized social media networks and infrastructures. This is an incredible time to be alive!
Stephen also talks about his thoughts on Bitcoin in the latter half of 2018 which he believes will retest 20k as we see far more natural fluctuation over recent months which is enough to make the most patient people loopy. He also talks about his thoughts on the absurdity of the ETFs that have been attempted to be put out on Bitcoin in recent months, including the recently denied Winklevoss ETF which inevitably will just add up to more market manipulation.
Finally, Stephen talks about Digibyte and why he believes the cryptocurrency is incredibly undervalued and important in the blockchain space as the currency with one of the fastest transaction speeds of all. We hope to connect to the Digibyte community and get involved in all of the incredible ideas emulating from their discussions! This is the future folks, true decentralized, efficient free markets!
