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RE: Ohio is First to Accept Bitcoin for Business Tax Payments
This is further proof that the governments (their owners) want crypto currency. I saw last year several states were accepting it for personal taxes. Bitcoin isn't going anywhere. Sure hope the same can be said of Steem after the announcement by Ned tonight.
Would you be willing to do a few posts on what will become of the chain, how one would power down etc if Steemit closes their path to the chain? I think many like myself know jack about this and would be lost on what to do if in the coming weeks/months there suddenly was no Steemit.
Well I don't get how Steemit takes so much money. People have done more work on websites without Steemit's money, and the chain code changes haven't been too spectacular imo...
Steem would be fine if Steemit closes down. The other sites would have to take the load of the visitors though, and further development in the chain would need to be done by others as well. Since Steemit is the main front end, it would just mean a loss of users who don't know how to use the chain other than from using Steemit.com. Development would take a hit. But the chain can go on as long as witnesses who are paid 1,800 / week in the top 19 keep running nodes and them or others have sits to view the data.
Yeah, its bothering me Ned saying they spend more per user than the other social media sites. That contradicts the idea that Steem is fast and the costs nonexistent. Especially since this site is missing many of the bells and whistles the other sites have.