The new owner of Steemit (!=STEEM) payed $4,567,888 USD to sit on a lunch with a very successful investor who is a moron when it comes to technology investments that has a long list of poorly aged claims and investment decisions related to tech industry. Mr. Buffett has also made many unwise claims regarding cryptocurrency. So why all the trouble? I would say look at the Twitter page of the genius who paid $140 million USD to get his hands on BitTorrent that is already having few grassroots level competitors. Check out https://www.thetatoken.org for an example. it's not an exact competitor, but it's close enough
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