Steemit’s Fast Start

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Steemit’s Fast Start
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<p>Steemit was founded in early 2016 by Ned Scott and Daniel Larimer. Having worked together</p>
<p>before, they met for a discussion in January 2016 and found that they shared a common vision</p>
<p>for an online social economy. The social media portion of this, Steemit, is just the beginning. In</p>
<p>the future, we hope it can be combined with other blockchain-based features, organizations, and</p>
<p>third party apps, all geared towards improving peoples’ lives in measurable ways.</p>
<p>Ned Scott is Steemit’s CEO. Based in New York City, he has a background in financial services</p>
<p>and business operations. Over the last few years, he had been investing in the Bitcoin space and</p>
<p>sharing its opportunities with Wall Street investors. After becoming interested in cryptocurrency,</p>
<p>Scott approached Daniel Larimer about creating a blockchain-based social media site that would</p>
<p>allow community members to create a mutual aid society. They soon decided that they could</p>
<p>accomplish much more than this with Steemit.</p>
<p>Larimer, Steemit’s CTO, is a programmer based in Virginia. He has been involved in</p>
<p>cryptocurrencies since the early days of Bitcoin. He one of the few living people to have</p>
<p>exchanged messages on Bitcoin’s public forum with Satoshi Nakamoto, the legendary and</p>
<p>elusive creator of Bitcoin. Larimer famously told Satoshi that Bitcoin was not fast enough, which</p>
<p>seems to have foreshadowed his achievements.</p>
<p>Larimer went on to found BitShares, one of the most innovative Cryptocurrency 2.0 projects.</p>
<p>BitShares attracted a team of talented programmers, working under the label of Cryptonomex,</p>
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