RE: Thoughts on the Social Blockchain Working Group and OpenSeed

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"This shit can change the world."

Steem envisioned a non-geographic polity of voluntary participants that based governance on stake. While certain features of Steem guaranteed failure, such as Stinc's 80% initial stake, and the 30x magnification of the weight of stake on governance 30 full stake witness votes caused, it has been a remarkable success in resisting censorship and enabling a community of individuals to coalesce on the platform.

If Hive can capture this potential while fixing the obvious dysfunctional flaws, that potential will live on, and that is what I anticipate. @blocktrades is no neophyte, and certainly is motivated to do so, and you and the folks at @openseed demonstrate that @blocktrades isn't alone in his competence and motivation. This idea is pregnant with potential in the world of centralized control of finance, and that world is in the process of crumbling around our transition away from Stinc.

Chaos is a ladder.

Let's start climbing.

Thanks!



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