Steemit CEO Ned Scott Explains Steem and Smart Media Tokens

In this video, the CEO of Steemit, Ned Scott, outlines the Steem ecosystem (including the Steem blockchain, steemit.com, Smart Media Tokens, and more) as well as the ever growing list of 3rd party decentralized applications that are currently running on Steem at a GoPax Meetup in Seoul, South Korea.

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Bitcoin is decentralized and the ledger is correct but the structure is inefficient, says Bank of Canada

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