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RE: Mass Adoption For STEEM??? Massive Bull Run??? In The Cards But When???
Also I am assuming you are talking about Bitcoin? Well Bitcoin has a product it called being the digital gold. By tech? Bitcoin has the LN and RSK. By users? BItcoin has a huge community. By age? Bitcoin is the oldest and the most trusted. Bitcoin differs from steem as it is $ and ecosystem should build around it. A coin product sometimes is a coin,
It's the same stuff. It's a Blockchain coin. Steem feeds more people than Bitcoin. Steem transfers 100x faster. No fees. Digital gold is just a label.
Steem and Bitcoin are not the same stuff. That pretty sad way of looking at coins. Each coin has their own thing about it. Steem just is not as old,respected,well known. Digital gold is not just a label.Bitcoin is old, respected, has the original blockchain creators in it. Nick,Hal,Adam and many more. Not saying Bitcoin will be Digital gold for everyone. Anything is possible but steem should not try to be Digital gold otherwise steem can never scale. Gold never changes, Bitcoin has resisted change and any scaling is done without affecting the main chain. If steem wants to scale by HF then it just not is Digital gold. I love steem but not all coins are created equal. I am a steem fan and believe it can change the world. My main point is it will take those factors for steem to reach $1000 which will cool to see. But it won't be easy and don't use Bitcoin logic. BItcoin is special which is what many altcoins have failed to see. Most don't compete with bitcoin directly which is why Jerry post on why steem will beat bitcoin was not well received
Bitcoin is not special. It's computer code. 1s and 0s. That will say better systems will come in the future. By pure logic Steem is more special since it shifts value faster. People are power. People create stuff. Currently Steem is the fastest value stream system in the world.
In bitcoin-nodes are power. In bitcoin the LN will reward those who run LN nodes. In bitcoin your value is stored. Hence the term Digital gold. It not a value stream system but a trusted place to store your money. Bitcoin is just not 1s and 0s it a battle hardened sovereign state resistant tech. Miners have been shown to be slaves to bitcoins system. Steem bc of it social network and apps does not need to be sovereign state resistant. Do you know how bad that would be trying to balance those two...
Steem should never become Bitcoin. Bitcoin should never become steem. Two different systems. Two great coins with diff tech.
I never said Steem should be Bitcoin. And you are wrong it's still 1s and 0s by pure logic. Adding some romantic touch to it doesn't work.
Hence why the same logic of price should not apply to them.
Bitcoin is going to 1 million dollar plus. Whatever price other coins will have depends on their use case and if people want it. But the coin wont matter in the future. We are moving into abundance. Holding stuff is the old way. Value stream is the new system.
Bitcoin will be the coin all coins are pegged/valued bc it gold after all and most wealth is stored in gold. Bitcoin will be a hybrid between gold and usd case use.
An bitcoin can do it 10000x times faster with its tech.
At the moment Steem 3 sec. BTC 20-50 mins.
ever heard of LN?
I speak about right now
And as of right now the LN is out.
So if I send BTC today it will happen in less than a minute?
if you use the LN yes