I have friends that come to me and say will you vote for this witness the every single vote for witness matters where on Bitcoin even if I've got a million dollars in Bitcoin sitting in my wallet. I'm not sure how I could have any influence on the miners and on future hard forks that collaboration and ability to work together is what gives teaming opportunities to continue to scale and evolve successfully which we've already proven through 19 hard Forks. Now, you guys, I hope after 30 minutes. You're seeing how all this stuff builds on itself all of these things just snowball into something ridiculous. I'll show you even more when it comes to a press and media coverage steem is rockin with getting earned media attention for example here's an article that was featured on wired.com the named the social network doling out millions and ephemeral money you go look at the article this is an article on a big website with a huge following of readers that features steem exclusively technically mentions bit share also it even features individual users directly on Steem this is happening repeatedly and is going to keep happening more because steem with this transparency with all of the posts with the author's posting the steem who also write for things like wired.com. There's a huge incentive for authors in other places to essentially write about steem and then hope to cross-promote get some of their audience safe from wired.com over to steem so they can start getting up votes and get some of their audience from steem over don't wire calm to help increase their standing at wire calm to get more reason views on the articles and then every single website and community like this that publishes an article about steem then becomes aware of steem and this takes us back to the smart media tokens.
Every time a website like wired.com writes about an article there's the potential that that web. I will then start to look at smart media tokens and consider adding all the benefits of steem into their existing community this the smart media tokens then have a built-in promotion system every time steem earns some media attention and that's not the only time. I'll show you another article there on Bloomberg recently in fact just seven days ago YouTube and Facebook or losing creators to blockchain powered rivals like D life when we go over here. We see on Bloomberg another website with a huge audience this dedicated an entire article to promoting steem. It's in shown how for example a youtuber with 5 million followers jumped over to start using the app on steem named D tube which is similar to D live except it doesn't have live streaming when you see articles like this same thing with Wired Bloomberg having published an article like this is likely to now get a little bit interested in steem. We did an article on that wait you mean we can launch us a Bloomberg coin token. We could give our readers the chance to earn money from our token by commenting on our articles we could pay our authors
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by voting their posts instead of having to pay them a salary.
It won't take very many things like that you might say well that's how likely is that to happen 10 when there's 10 to a hundred different big websites that have published articles about steem. It only takes one of them to go all in on a smart media token and a bunch of the other ones will follow say let's for example Bloomberg goes all-in launch the smart media token raises a hundred million dollars with its ICO don't you think wired.com will notice that and say hey maybe we'll do wired.com smart meteor token and we'll raise a hundred million dollars and then we will be able to pay our readers and our followers back the positive reinforcement loop here is just read Nickolas now one of the main critiques. I've heard is that the competitors are going to come out and just blow steem away that there's competitors developing better versions of steem and a cerium that will then just eliminate steem fortunately for steem steem has the first mover advantage in this situation that means the steem did it first.
Steem has launched this massive set of innovations before anyone else all on the same blockchain steem as far as I'm aware it's the first blockchain to integrate blogging that means it's first that means even if competitors are better. They're not likely to pass steem anytime soon. I'll give you the evidence let's look at the charts on coin market Capcom now what currency do you see up there at number one Bitcoin is Bitcoin technically superior to any of the block chains below it. I mean aetherium I think I'll no one in the world would argue that Bitcoin has better technology than aetherium and even if they did what about some of these other ones litecoin what about you got steem you got a - that has master nodes on. I mean they can send anonymous transactions and then you look down at these and almost all of these you say these are better than bitcoins. This is where bitcoins competitors are blow it why because bitcoin was first Bitcoin as first mover advantage and in order to pass Bitcoin you can't just be a little bit better or have better technology, you need to have an entire community.