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RE: Will Facebook's BLOCKCHAIN LIBRA replace STEEM?

in #blockchain5 years ago

Hey, @neavvy... This Libra coin though it has similar name to my star Libra seems to have a totally different purpose than Steem. I know nothing of steem, but now steem having revamped is predicted to do well. Like tokens can be created in the steem blockchain and each topic has a token, for cryptos I think its @steemleo ...and steemleo has crypto communities so I heard writting articles on crypto stuff. And tokens have been airdropped to everyone in their wallets that can be checked in one link... I got some steemleo, cat and pal besides two other tokens. So, yeah steem looks serious in rewarding content makers.

Plus they have a video platform, steemspeaks or something, you can post video content that otherwise get banned in youtube. So , steem is improving and people say its price would rise(:, and I think it would grow. It are not fun, but its getting organities and forming communities.

For ex, since I have 2 cute cats, I can share it with cat community with the tag @catnet I think, similarly , creative people get one token category I think.

And Libra... some points. Its all over crypto news, that Govt. securities like bonds are giving negative yields in Europe. Their fiat not that good because of fiscal loans, so fiats could get devalued.

Plus Govt. or central banks intending to print more currencies and all, won't be liked by public, so Libra's case for next 2 years not that good. It's recession time in the world, and people may feel terrible that banks controled by Govt. policies have not managed money properly.

But I want Libra to come so to trouble my Indian Govt. , who are intent to ban cryptos, though Libra does not classify as crypto, stable coin at most. Though FB has a bad name, and it deserves it for selling off user data, its ok if they can launch Libra, it would help common man with a smart phone to transact money.

And can't blame them support banks, and central Govts deposits. Fb is always centralised, serves interests of corporations, and its easier to enter as Govts. of countries won't feel threatened I feel.

Anyway, this is the link where your other tokens would be there. https://steem-engine.com

Check it... and dear you can tag 12 topics, include @steemleo too if your writing crypto content. And check your wallet, see what tokens you got airdropped, maybe there is some technology token that got airdropped to you for your wonderful personal experience articles on AI.

Your steem username, password would open the wallet in steem engine site. Do hold on to your steem, it has bright future.

BTW I loved that graphic... its interesting.

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