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RE: Do You Need a Blockchain For That? | Is There Any Reason Why Steem Should Exist As a Blockchain?
I see STEEM has the Alexandria Library... the only difference is that it's fire proof. There is no way to accurately know what the past history was because history is written by the winners while the rest is torched to the ground, but now that we have STEEM, that we have blockchain we can accurately records things for the rest of eternity (or until the blockchain goes down).
Regardless of this, there are way too many tokens out there without use-cases, without partnerships, without a roadmap, they are just vaporware trying to fool fools to dump on them.
That is a very cool analogy. I think it's perfectly fitting for Steem. The part about "or until the blockchain goes down" can be mitigated by keeping your own copy of the blockchain. That might be hard for the average person, but there are plenty of people out there who could do that on their own/ as a safeguard against a potential threat to the blockchain.
I agree. We're seeing one of the greatest eras for tokenization but bad comes along with the good as we see these shitcoins coming out of the woodwork to try and soak up as much value as possible.