Lots of interesting thoughts on being average, or above and below, from last week's giveaway. So, this week, I finally move to the inevitable question about crypto!

What I have noticed on my months on Steem, has been the fact that there is a wide variety of people of different backgrounds who are on this blogging platform that has it’s backbone in crypto. When I first arrived, I had assumed that everyone would be at least as much of a crypto nerd as I was, or at least to have a passing interest in the technical details or knowledge of the wider crypto ecosystem.

It turns out that I was quite wrong! There were many people here, whose only experience of crypto was Steemit itself, and not much more beyond that. People to whom the idea of blockchains at their workings, and the idea of public/private keys and all of that undeveloped user interfaces of the other crypto chains was something that was deeply hidden away from them.

This led me to thinking that Steem had some good potential due to the fact that I think that the only way for crypto to gain mass adoption was by stealth, doing away with the complex and user unfriendly interfaces of other crypto, and integrating it relatively seamlessly and invisibly with something that people knew already how to do. In the case of Steem, it was to do with blogging, and hopefully with the advent of HF20 it will spread to other activities like fitness tracking and game playing and any number of stealthy stalking horses.

My Question

1.What is your views and understanding on crypto? Do you think it is part of the future, and how?

My sample answer

Unsplash

My thoughts on crypto is that it is a completely user unfriendly space, especially for people that are not technically decent or computer savvy. I'm also not keen on the focus on the financial or the currency part of the crypto-currency technology.

What I am very excited about and what I wrote about in this post many months ago, is the application of this technology to many facets of our current infrastructure. The ability to streamline many of our processes by potentially removing middlemen, the ability to restrict the access to our private information to those who actually need to see it (like a bar bouncer not needing to know anything more than that I am over 18), to securely share medical data, to enable other technologies like AI or automated vehicles or to introduce transparency in elections and governance. The possibilities are quite astounding, if they prove to be possible.

These are the truly the things that we should be excited about! The money side is a nice side effect...

Rules

1. Upvote if you want, it increases the payout and then I can hopefully sponsor more people.
2. Resteem is NOT neccessary, but the more people see this, the more the people will be likely to be sponsored.
3. In the comments, answer as best as you can the questions that are posed in the "My Questions"!
4. I have added a small Steem-Bounty to the post, so that everyone who replies with a valid entry will get something back. If I give your post a small upvote, it is valid (also, subscribe to @dustsweeper for maximum benefit!).
5. I will be sponsoring as many people as this post pays out in liquid SBD/STEEM. Also I will kick in at least the required amount to round up to the full number. Winner is by random generator after a shortlisting of quality comments!

Steem Basic Income

One of the first communities that I came in contact with at the beginning of my time at Steemit was @steembasicincome. As a author starting out on your fresh new Steemit account, Steemit can be a daunting and lonely place to be. OFten, it can feel like you are posting into an abyss with no one listening and with no ability to grow out of the situation. A share of Steem Basic Income gives you a guaranteed vote on one post a day, thus giving you a small but over time cumulative support to your account to help grow you out of your initial wilderness!

With this post, I want to help sponsor people who might not even have the spare 1 STEEM that is required for registration. So, when this post pays out, I will sponsor people depending on the payout of this post. Basically, I will round up the SBD payout from this post and then that will be the number of people I will sponsor. (So, if the payout is 2.3 SBD, I will sponsor 3 people). OF course, this is not simply an altruistic move, as the sponsor of a Steem Basic Income share also gets a share, so it is a great way to help others whilst helping yourself!

Last week's winners

The last post paid out 1.283 SBD and 0 STEEM in liquid earnings. So, that would make 2 shares.

The winners by random draw are:

@iamthegray

@stever82