I agree with those notions, there is a lot of potential money that's waiting until everything is safe enough or the game is rigged enough in their favor to make the risks worth it. There will also be a great thinning of the weakest projects, even barring legal action or any direct force closures of some projects it's unlikely teams will be able to operate for long when their coins are nearly worthless.

I do find steemit inc's actions rather puzzling. We know for a fact that the technical capabilities of the coin can be matched or surpassed by other competitors, and they are touting smts and communities so heavily that I gag a little every time they reply with one or the other as the answer to someone's question about something completely unrelated, so it will really be a giant fucking letdown if they don't deliver big.

I don't know how they don't have a more active handling on PR and interfacing with the community, it's nice that some of their devs are a tad bit more active/vocal around here, but there's no real sense of a more direct line of communication. Perhaps it has something to do with fear of other teams front-running their moves if they talk about them in terms that are a bit too specific?

I think they kind of dropped the ball by not focusing a little more on steemit these past few months, I feel like they could have done so much for the place and for the more general questions of steemit inc's holdings that could have eased a lot of concerns and made the place a lot more palatable for the everyperson on the internet.

Like, if we know that other coins can easily copy-paste all the technical capabilities and smts, then why would we want to shoot ourselves in the feet by focusing too much on those when we could try to build up what's really hard to replicate on the internet, which is widespread adoption and use and mass market penetration?

I feel like we're likely to continue to echo each others' thoughts if we continue at this rate, but I guess I'll just leave mine here for anyone else who wants to read them.