I woke up this morning, brewed a cup of joe and began sifting through my inbox; you know the drill: delete, delete, what’s this, delete.
Still being half asleep, I saw the headline, “What Is Steem, And Why Has It Taken The Cryptocurrency World By Storm?” written by a fellow named Adam Cleary in Frontera Magazine. I began to pay attention because I have been curious about how the public perceives Steemit in the media.
In my experience Steemit is becoming like the Borg from Star Trek; it’s existence overwhelms anything in its path. It does this not by confrontation but through assimilation, “resistance is futile.” In the context of people writing about Steemit and Steem this usually results in a person being assigned to cover the upstart, but they become assimilated and actually start producing on the platform. That is precisely how I started with Steemit, I was asked to do some technical analysis for DashPay Magazine and what I encountered was mind blowing. Seriously, you are going to pay me to do what I love?
Now I'm not suggesting that Mr. Cleary will jump ship, but consider his arguments and the Borg analogy:
Steem is a fascinating extension of the cryptocurrency world – seeking to solve the huge problem of unrewarded content and disintermediate the digital conglomerates that have a stranglehold on the collective value of humanity’s discourse. Unlike bitcoin, STEEM is not designed to be a long-term store of value but rather a continuous monetary reward system for human ingenuity. Steem seeks to provide a means for the collective creative brain-power of humanity to be appropriately rewarded, on a decentralized cooperative basis, rather than harvested by a small matrix of digital monopolies as is the case at present.If Steem lives up to its potential it could replace all existing social media platforms. Currently the format is somewhat similar to Reddit – but with a different user interface, Steem could create a censorship-free version of Twitter. The concept could also be extended further to the direct publication and distribution of films and music, and even live entertainment. This would truly revolutionise the value that can be captured by artistic creators and upturn the playing field away from the hierarchical gatekeepers who run the business today. Should this scenario come to pass, then the future collective value of Steem is likely to be a multiple of what has been realized to date.
https://fronteranews.com/news/global-macro/steem-taken-cryptocurrency-world-storm/
What do you think? Is Steemit like the Borg? Will Steemit revolutionize content creation? Are hierarchical gatekeepers about to go extinct?