Ever since I joined the Steem blockchain about two and a half years ago, I’ve developed the habit of enjoying a Steem-related video in the morning as I sip my coffee. I can probably blame @exyle for putting me into that habit. There are few things I enjoy more than waking up in the morning, pressing play on an Exyle vlog and making my coffee as I get ready to tackle the day.
Sadly, Exyle hasn’t been posting as many vlogs lately. He used to post them daily and I would chop off my leg if he would keep doing that, but everyone has to live their life and do what’s best for them. Regardless, I often find a deep void in my life when I wake up and have trouble finding some sort of Steem video to listen to.
There’s quite a bit of coverage in the Q&A, I think it’s recommended listening for anyone on Steem. As someone who has also gone all-in on Steem for the past 2 years, his point of view always reinforces mine.
Steem: The Ride or Die Blockchain
Around the 1hr 25m mark, Dan talked about Steem as a ride or die blockchain. I’ve come to regard Steem in the same manner. This blockchain is more than just another blockchain project like EOS or Ethereum. Steem is made up of a hardcore community who will literally go down with the ship — another reference that Dan made in the Q&A.
Most people say that you shouldn’t get emotional about your investments. They talk about how important it is to separate emotion from investing and do things based on rational thought and practical research. Most of us who are here on Steem do the exact opposite. If you were to apply rational thought to Steem, you probably would have already left this blockchain.
While the fundamentals are amazing, there are clearly better investments out there. There are better things that you can do with your money for more sure-fired results. I invest in Real Estate, stocks, options, BTC, etc. and Steem has been one of my worst overall investments in terms of financial input and output.
With that said, I am still heavily weighted in Steem. I’m here till the end of the line and I’m fully prepared to go down with the ship. It doesn’t matter if STEEM is $0.16 or $0.01.. I’m a buyer and I’m bullish on this blockchain. Short of the chain being halted or death, there is nothing that could tear me away from Steem.
I, like many other Steemians, am investing almost entirely with my emotions. The fundamental developments on Steem are awesome and clearly I see that there is a lot of potential in the application of tokenization, business-building and as Exyle would put it: building a massive social-economic ecosystem.
If I was simply looking to make a high ROI, I would go elsewhere. Clearly I want to make an ROI and I think STEEM will moon in the long-run, but that’s not why I have stayed here for 2 1/2 years and continually put blood, sweat, tears and bags of cash into Steem. The community and the developments are ultimatley the things that keep me here. The fact that I evaluate other blockchains and see them doing nothing close to what Steem does reinforces those aspects.
Sure, other blockchains have better marketing. They have more capital backing them up. Some even have more developers and users. Regardless, Steem is in it’s own category. This blockchain is completely unique in all the ways that matter.
The community has a voice on Steem. We matter. Each of us has a say in where the blockchain is headed and that’s why so many people fall in love with Steem and metaphorically stamp that ride or die tattoo right on their forehead.
I started my crypto journey on Bitcoin and eventually moved to Ethereum before coming to Steem. I was constantly looking for opportunities and ways to build some sort of business on the blockchain. The problem with those blockchains (and many others) is that it is so hard and expensive to start a business. Steem is completely different. The tools on Steem are way easier to use and the community power is unmatched. When a new business or community pops up on Steem, the Steem tribe rallies behind it with everything they’ve got.
That’s what happens when you’ve got a ride or die tribe. Steem is one colossal tribe and we are all in this until the end. Some people who are on the fence may come and go, but the core group of Steemians have bought themselves a one-way ticket to the moon. The Steem rocket may or may not make it, but you can bet your ass that the true believers didn’t think twice before closing the door and strapping into their seat.
Discovering Steem was the best thing that ever happened to me. The ride has been bumpy and full of every twist and turn that you can imagine. I still can’t picture a better place to spend my time, money and resources on building a community and working with awesome people.