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RE: Tron and Steem... What are the possibilities?

in #steem5 years ago

I saw this and wondered...

I can't see how this could play out in a way that would be particularly advantageous to Steem.

Tron is at #11 in CoinMarketCap, Steem now down at #49. Tron has approx 10x the market cap of Steem.

Partnerships of such unequal partners rarely leave much meat on the bone for the underdog.

But then again the Crypto World is a surprising place...



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"Crypto World is a surprising place..."

It is indeed. I watched people from legacy finance try and comment on blockchain without really understanding what it is and making a fool of themselves on TV. I am sure in 10 years time, they will make compilations of those comments.

I think its always worth looking at coinmarket cap, where they have those historic snapshots of the top coins.

Reminds me of that great saying, "today's news is tomorrows chip wrapper"

The market cap can be misleading. I think steem has a very strong community. We have users that know each other, work together (for the most part) and can crowd source ideas on our own platform. No other coin (that I know), has that.

When somebody on the steem blockchain makes a comment, we can verify how much skin they have in the game. You can't do that anywhere else. Even if someone provides their wallet address, we have no confirmation that they own that wallet unless they sign a statement using their private key. We do that here on the steem blockchain everyday.

I think of it more like a small forward thinking and established community starting to trade ideas and culture with a much larger, but less cohesive community. Will be interesting if this progresses!

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