RE: Will Facebook kill Steem overnight?
It is true Facebook does censor, but doesn't Steem also have community standards?
Point to me said community standards. AFAIK there is no such thing. Not only that, but you're seriously comparing a decentralized solution with a centralized one and said decentralized solution was literally created purpose explicit to be censorship proof. You're also saying that Steem's use case is simply social media platform with stable coin, yet that is not what it is, Steem is much more than social media even if social media is an overwhelming aspect of it it has other uses/objectives than to be a censorship proof platform, in the white paper it talks about empowering people and distributing the coin. The threat can only manifest in the form of another competitor that embraces both Decentralization and Immutability, as the community is in no way going to jump ship for anything less, the vast majority are either here because of censorship on Facebook or because of the desire for something more trustworthy than Fiat, and I don't see Facebook paying their users one cent.
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Steemit I'm not convinced was created to be truly censorship proof. Steem is censorship proof already. You can't delete from the Steem block chain but no website will make it easy to find.
We aren't talking about steemit.com but Steem. The white paper says
It also talks about the only real concern for censorship on steem via top witnesses censoring transactions and how that would be a quick way for them to lose the top 19 status. Anyway, where is this elusive community standard?
I still don't understand how a centralized, censorship ridden "platform" can compete with steem or who in their right mind would go from THE bastion of free speech to the belly of the beast.
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Agree
By paying it's users that is how.
Let me ask you again since you seemingly are oblivious to what the question was concerning:
How can a centralized censorship ridden "platform" compete with a censorship proof decentralized platform? You think that you can simply pay people better than steem so they can be censored? Seemingly you believe that censorship proof is not something important for steem or it's users, which is just as ridiculous as the thought that Facebook will pay it's users. Facebook is not in the business of employing their users at all, you do know that?
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Centralized or decentralized has nothing to do with profitable or unprofitable. Steem is unprofitable. Facebook is profitable.
I didn't think Facebook would ever be profitable but I was wrong. They know how to run a business and make a profit. It's this element which Facebook is good at which Steem is horrible at. Along with UX which Facebook is brilliant at and Steem is horrible at.
Facebook seeks to grow as much as possible. If it means letting users get paid then they'll do it. The competitors like Google has no problem letting users get paid. Twitter also is talking about integrating cryptocurrency. At this time I don't know what Jack plans to do with crypto but it shows me that Twitter has some plans.
Steem is still more profitable than any other platform combined.
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Almost every single person pointed out that this is about decentralized Vs centralized, yet it's irrelevant. Nothing more needs to be said, especially when you think that freedom of expression isn't crucial here, since who wouldn't want to get paid for towing the elitist leftist party line.
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