The LeoFinance Podcast

Hope for the best. Plan for the worst. Keep your eyes open.

At 5pm Eastern time, soft fork 0.22.2 was announced by the Steem Blockchain witnesses. This soft fork was discussed and implemented by the witnesses after hearing a myriad of concerns regarding the Steemit, Inc. acquisition by Justin Sun and the subsequent press releases which gave contradictory messages about Justin’s plans for Steemit and his large newly acquired stake in the Steem blockchain.

Steem is not Steemit.

This message rings truer now more than ever before. There are 2 major sides to this argument:

------

In this episode:

------

Links Mentioned: 

- https://steemit.com/steem/@softfork222/soft-fork-222

- https://medium.com/@TronFoundation/steemit-joining-tron-ecosystem-6ad66584d0b

- https://twitter.com/justinsuntron/status/1229304521123192832

- https://github.com/steemit/steem/blob/master/LICENSE.md

- https://support.poloniex.com/hc/en-us/articles/360043406513-Coming-Soon-STEEM-Token-Swap

- https://cointelegraph.com/news/steemit-to-shift-its-proprietary-blockchain-and-token-to-tron-network

- https://steemleo.com/cryptocurrency/@blocktrades/the-fundamental-underpinning-of-blockchain-consensus

- https://steemleo.com/hive-111111/@therealwolf/steem-protective-soft-fork-v0-22-2

- https://steemit.com/steemit/@justinsunsteemit/open-letter-to-steem-community

- https://www.youtube.com/watch?v=HSkOFo2WA9I

------

https://steemleo.com is an online community for content creators in crypto & the broader financial niche, powered by blockchain technology and the LEO token economy.

Learn more about our community at https://steemleo.com/faq.

One of the most long-awaited features of the Steem blockchain has been Communities. Communities exist both in a back-end and front-end environment.

On the back-end, communities have been developed under the “Hivemind” protocol. On the front-end, they can be seen in a myriad of places and displayed in all sorts of fascinating ways — Steemleo.com shows only our community (for crypto & financial content), Steempeak.com shows all the communities (similar to Steemit, but in their own visual representation) and now Steemit.com shows the fundamental base of communities and all the various ones on the blockchain.

In this episode of the Steemleo podcast, we talk:

---

Links Mentioned:

---

https://steemleo.com is an online community for content creators in crypto & the broader financial niche, powered by blockchain technology and the LEO token economy.

Learn more about our community at https://steemleo.com/faq.

The announcement of Justin Sun buying Steemit, Inc. has been met with so many mixed feelings and confusion. It’s a big deal for anyone who’s paying attention to Steem.

There’s good and bad to this whole situation. So far, nothing bad has happened. We’ve seen Steemit, Inc. leave the hands of a founder who had grown uninterested in the project (Ned) and lacked vision, execution and resources to bring Steem(it) any further.

In my view, all the same risks exist. Ned could just as easily use Steemit and his STEEM stake to overtake the blockchain in the same way that people are worried that Justin might try to do.

The thing that kept Ned from doing that is the same thing that will keep Justin from doing it and it also happens to be the same reason why 51% attacking the BTC network doesn’t make any sense — the game is created in such a way that the financial incentives lie in propping up the blockchain and growing the network, not tearing it down.

If Justin stomps Steem into the ground, then he loses a major investment. It doesn’t make financial sense. If Justin, however, allows the Steemit team to continue their development on Communities and SMTs (not to be confused with MSTs), and then he puts his full marketing dollars and weight behind those launches and announces them to the world… think of what that could do for Steem. Think of all the major attention that our blockchain will get.

The floodgates could open once again.

There are pros and cons to every situation. There is a bright side, but *you* have to be willing to look at it. Keep your awareness about the downside and understand the **risks** of having Justin in a position of power, but also keep your awareness about the upside and understand the **benefits** of having Justin in a position of power.

In this episode of the Steemleo Show, I give a bit of a rant as I recap the long day we had yesterday between the AMA followed by the witness chat and then give my thoughts on the future of Steem as we know it.

---

Links Mentioned:

---

https://steemleo.com is an online community for content creators in crypto & the broader financial niche, powered by blockchain technology and the LEO token economy.

Learn more about our community at https://steemleo.com/faq.

Hey everyone. After a crazy day and all sorts of wild speculation from the Steem community about what’s going to happen now that Tron and Justin Sun have officially purchased Steemit, Inc., I decided to collect all the information that is available to us and give my opinions on this whole situation.

Please keep this in mind when you listen to this video and also when you hear anyone else in the community talking about this — we have such a small amount of information about this whole ordeal. Aside from a few tweets and 1 non-comprehensive blog post, we haven’t heard much of anything about this deal. We also have gotten 0 response from Steemit, Inc. other than Ned’s 1 tweet in which he called us “Steemitans”, whatever that means.

In this episode of the Steemleo show, I just review the data that I could scrape together and give my 2 cents on it. Hope you enjoy!

Links Mentioned:

EDIT — As I was editing and uploading this episode, Justin Sun made his first post on the Steem blockchain in which he just reiterates the position of Tron with the goal of bringing value to the Steem community as he and the Steem community now have the aligned goal of increasing the value of the STEEM token. https://steemit.com/steem/@justinsunsteemit/excited-about-tron-and-steem-steemit-collaboration

---

https://steemleo.com is an online community for content creators in crypto & the broader financial niche, powered by blockchain technology and the LEO token economy.

Learn more about our community at https://steemleo.com/faq.

Chairman of the Federal Reserve, Jerome Powell gave a testimony yesterday and during the questioning section, was asked about the Fed’s plans for digital currency in light of China, Libra and other countries and corporations making headway on implementing various systems.

The Chairman had a fair amount to say about digital currencies, saying that the fed is “taking a deep look” at digital currency.

It’s very early stages and there is not going to be any sort of *fedcoin* anytime soon, but the chairman did have quite a bit to say about privacy and the importance of thoroughly investigating these technologies.

In this podcast episode, I dive into the brief discussion of digital currencies and my opinions about how this (and other similar) conversation(s) impact Bitcoin and cryptocurrencies as a whole.

Links Mentioned in This Episode:

https://steemleo.com is an online community for content creators in crypto & the broader financial niche, powered by blockchain technology and the LEO token economy.

Learn more about our community at https://steemleo.com/faq.

Coinbase put out an article a few days ago which outlined some of their reasoning for drawing a few comparisons between gold and Bitcoin.

As we approach the halvening, certain metrics such as the stock-to-flow model are starting to make BTC reflect a gold-like level of scarcity, especially in terms of newly minted Bitcoin.

In this episode, I review the article and cover the various talking points that Coinbase brings up.

Links Mentioned in This Episode:

https://steemleo.com - an online community for financial content creators, powered by blockchain technology and the LEO token economy. 

Learn more about our community at https://steemleo.com/faq.

I had the incredible honor of interviewing @theycallmedan from the Steem blockchain. Dan is a former pro poker player, quora writer, investor and entrepreneur. He has quite a bit of experience in the crypto space and has weathered the storms of being an investor in volatile markets and being a poker player who needs to manage a finite bankroll. 

Dan is the Co-Founder of 3speak.online - a decentralized video streaming service built on the Steem blockchain. 3speak is providing a safe, secure and censorship-resistant platform to video content creators. In a world of uncertainty coming from centralized web 2.0 sites such as YouTube, 3speak is providing a much needed sense of security and ownership to content creators across the globe. 

This is just the beginning for 3speak as a decentralized hub for video content. In this episode, Dan talks about many of the innovations happening at 3speak right now and in the near future. 

Learn more about Dan and 3speak:

In today's podcast, I talk about the latest developments out of the Cash App and Square's team that is working on crypto-related projects. The Cash App offers a convenient solution for buying, depositing and withdrawing Bitcoin.

Along with this convenience comes an even greater one - the Visa Debit card that you can get with the Cash App that allows you to instantly convert BTC into USD and spend them at any local or online store. This makes it super easy to use the Cash App as a "hot wallet" for the BTC funds that you are spending in the near-future.

Ever wanted to blog and make money? Join the Steem blockchain on https://steemleo.com and start posting content to the blockchain and receive/distribute upvotes in #cryptocurrency. If you'd like to get a free Steem account, just hit us up on Twitter [https://twitter.com/steemleo] or Discord [https://discord.gg/CUNhqKD]

Links Mentioned:

- https://cash.app/app/XGPQRKB (The Cash App)

- https://twitter.com/Xentagz/status/1091710417293004800 (Jack Dorsey on Bitcoin and crypto)

- https://medium.com/@squarecrypto/what-were-building-lightning-development-kit-1ed58b0cab06 (Square Crypto's new LDK project)

In today's episode, I cover the idea of crypto adoption and how it may be a little further away than you think. In order for mass adoption to happen, we need to have better systems in place. Topics covered:

Join the conversation on our tokenized social media platform for investors --> https://steemleo.com

Join our Discord!

Steemleo on Twitter

I’ve talked about this several times both on this podcast as well as during interviews about Steemleo and my thoughts on the future of the Steem blockchain.

One of my driving reasons for creating Steemleo was to build a platform that could both incentivize current Steem users who created high quality investment content but also find new content creators and investment-enthusiasts and onboard them to Steem.

I have a few different ideas for how to do this and some of these ideas have already yielded some results. Through Steemleo, I’ve onboarded a handful of new users and have encouraged them to both post/read regularly in the Steemleo community.

One of the most important aspects to building a successful network is to have a consistently growing user base. As you get 1 new user, then 10 new users and then eventually hundreds and thousands of new users, you can begin noticing the network effects coming into play.

10 users convert 5 family members and become 15 users. Then those 5 new users branch out and rope in even more new users. The snowball starts rolling down the hill and things escalate quickly.

In today’s podcast, I talk about the current & future plans for onboarding new users to Steemleo (and the Steem blockchain) after having a conversation with a new user who I just onboarded right before the recording of this episode, so the ideas discussed were fresh in my mind.

https://steemleo.com