It's not all about the price of Steem going up! :)

Read Post-Capitalism by Paul Mason - for a more further analysis of this trend.

Do you know anything about the ownership structure of the company behind it?

It's actually open to anyone (including listeners and curators) who would rather own a part of their own music streaming service, rather than paying fees to Tom York :P

I think this is a really interesting post - that demonstrates the different viewpoints of what Steemit is all about. Personally I would fall into your camp, of an interest experiment and platform, that

Just FYI if you are interested, Resonate are planning on starting a blockchain-based music streaming coop, aimed at small/indie artists. Think you might be interested www.resonate.is

It's quite interesting to watch the development of the economics of this in realtime.

Isn't the internet great! :) In all seriousness, it is great that it is so easy to disseminate clear cases of plagiarism so such an effective way.

I personally think the underlying model of Steem is revolutionary, and shows a lot of the promise of blockchain reward systems. But I don't think that incorporated all of these different use cases into

It's certainly a trend that will continue across the world. Proof-of-work mining is hugely energy intensive, and will become a serious issue in the cryptoworld if any sort of universal adoption happens.

Agreed. If the hard-fork goes through, all but negligible amount will be returned to investors. And while it wasn't for the right reasons (DAO1 was about investing in other ventures!), there are people

Two key points to remember (especially for those that are non-financial and/or crypto-newbies); 1> This market surge is natural given the explosion of interest over the last days, but is unlikely to

As you say para.1 and para.5 are in conflict under a plain reading of English. And the whole +1% of marketcap being pivotal to whether a 'bad faith' attack is reversed is open to the lobbying critique

I have noticed a significant change in my own behaviour (both in how I work, socialise and learn) in the last few years - and this all came really into focus the last few months after spending 9 months

"It sounds cool, but Reddit and other sites are big already. Why would anyone switch? If you spend your time on Reddit and other social media sites contributing content and upvoting posts (curating

Fair play for the balanced assessment of steemit. As you say, while it makes sense under the hood, in this brave new world I am yet to be convinced either that the economic model is truly sustainable.

I have to ditto this - ether is not primarily a transaction-oriented crypto-currency. While you can technically use it for transactions or as a store of value, there are alternatives out there that exceed

What do you think of the blockchain-based attribution systems being developed?