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RE: Steemit VS. Facebook & Co: How Can Steemit Compete With The Giants? (7 Strategies To Look Into)

in #steem8 years ago

The problem with Steemit is not the platform itself but the idea behing the blockchain. Not many people are into it so far and scandals like MtGox, The Dao Hacker and recentely the Bitfinex hack don't trust the whole idea. They see it pointless.

It's ironic really. Blockchain technologies that are so obsessed with privacy and safety appear to be more vulnerable than tradtional technologies.