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RE: Ignorance is Bliss, Especially where the "Steem" Token is Concerned
Honestly this article is one of the fairest outside analyses of Steem that I've seen.
Honestly this article is one of the fairest outside analyses of Steem that I've seen.
You mean the bits where the article concentrates mainly on Steemit (relatively ignoring most other Dapps we have) and comparing the numbers we generate against reddit and the like? Or this so-called long-term upcoming bear market spurred on by stagnant development in the future? Don't sound "fair", accurate or balanced to me, mate. Has the writer even looked at "Stateofthedapps"?
On pure technical grounds, it gets a lot of things right. I never disputed that. But from a speculative standpoint, the negative bias is evident from the outset. IMHO, of course.
It looks to me like they gave it a much deeper and more intellectually honest dive than most, which are fairly dismissive.
I don't agree with their conclusion but it's actually a great article from which to get a background on Steem and form your own conclusions, most such articles are full of outdated info and misinformation.
I see your point of view from an informational standpoint, especially for people who want to know more about the blockchain, but why the constant underlying negative bias throughout? You must know what I'm talking about. They concluded that it's not a good investment based on assumptions that simply aren't true. Why not a more well-rounded article than what we are offered up?
I guess I'm just sick of the FUD that always seems to be doing the rounds concerning Steem. Steemit is not Steem anymore. There is way more to it now. We need more education regarding this particular area instead of retreading old ground time and time again. Especially in the vain of this article.
Everyone has bias. You just have to read through it.