I can interprate this in favor of STEEM. If according to Novogratz WEB 3.0 is the real thing, not Bitcoin, then STEEM has a lot bigger chance. It is a social and web based coin. We have seen recently the first SMT ish :) web ... weedcash.
Galaxy Digital CEO Mike Novogratz argued that not bitcoin, but web 3.0 will change the world, since BTC is just a store of value.