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RE: Why Has Steem Gone Up So Much? The Mark Zucherberg Effect? Is the tide turning?

in #steem7 years ago

Hi @eco-alex

Great post, thanks for sharing.

I'm always torn in this type of situation between 'they are all in it together and this is just one big pantomime to continue to pull the wool over everyone's eyes' to 'bunch of Grey suits that have lost touch'. I think it may be a bit of both, with maybe a slight leaning towards the former.

We all now realise that Data is a massive commodity and I think we are all being duped into giving out personal information on a regular basis not just on Facebook. Anytime you sign up for anything whether it be 'free' internet access or buying a new car, you are providing that entity with a huge database of your personal info. I imagine the first people that have demanded to receive this information first is the Black suits behind the 'out of touch' Grey ones. I suspect it's a type of deal where they receive the info first and then turn a blind eye to the selling of it to other 'parties'! Pantomime!

As for Steem, I totally agree with your future predictions and some of the predictions in the comments. The use case is there and in full working order which makes it streets ahead of most other Cryptos. I also think, as you rightly pointed out, that Steemit will directly benefit from Facebook and other similar established set ups that are shooting themselves in the foot and users will start to migrate over to decentralised social media soon.

It is an exciting time and I feel rather lucky that my interest in Crypto has lead me to Steemit and to this great community. We are working hard for ourselves but also together we are making this place a success for everyone and that feels good.

Thanks for inspiring me to write this and good luck in your journey.

Cheers, Gaz.