You are viewing a single comment's thread from:

RE: The end of bitcoin will be the start of crypto.

in #steem5 years ago

I don't own bitcoin. Never did at any stage but I do see it holding a price as it will be used as a reserve system almost in my opinion. It's not really suitable for anything else and all the forks make it a piece of shit really.

STEEM however has the possibility of being the new type of ecosystem. An online ecosystem that links your online activity and pays you for the time and effort that you put in online. A blockchain that can take the profit generated by the various apps coming on stream and distribute that between the people who have added that value there in the first place. My argument has always been that as any app user would you rather see the CEO earn another billion off your back or would you like to use one that spreads $100 to the ten million users who give the app is value??

This is what STEEM offers us. Different apps that will spread the revenue between it's active users. It isn't there yet and we will need external money, advertising revenue etc... But all existing apps can be replaced by this system. What is Instagram other than some photo's. That can be replaced. It all depends on getting the people to change their mentality. If a lot of your friends use an app the chances are that you will download it too to be in the same groups and social circle as them.

Momentum is huge and if we have the system there that will allow people to transition smoothly and easily to the blockchain then they will. Who wouldn't want to earn money for what they are currently doing for free. Every day of every week. It will happen when people can join without ever touching the blockchain, just having a simple wallet and steemconnect to join apps instantly and easily. The process is far too complicated right now but we have seen the improvements over the last year so if we keep moving in that direction it will get there.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.032
BTC 59585.77
ETH 3002.01
USDT 1.00
SBD 3.78