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RE: Lucky devs can’t be sued
Thanks @frdem3dot0, for your interaction and support. I am not going anywhere, but the truth still remains...there is a lot of money at stake and no one accountable. I suppose that’s part of being in the Wild West, but it doesn’t mean I’m wrong for pointing it out.
absolutely not! Things are not beutiful in steem. I do see the potential, but I am far from the steem preachers that claim steem should be #1 in crypto because it is the best coin.
I sleep much better having the most of my capital in btc! PoW is much more secure plus btc has a long history and the smartest hackers in the world constantly trying to attack it. And still btc stands unchallenged. If steem would have that market cap it would not take very long until more weaknesses are found. Also steem has no hard cap... but politics ...
It is a different chain with a different purpose. Steem is not designed to be a high security uncompromisable chain. Its designed to sacrifice that for the scaling required to make a decentralised media.