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RE: Comparing Bitcoin (2009) and Steem (2018)

in #bitcoin7 years ago

Love the video. Please forgive the length of my response.

First, I will admit I was skeptical about crypto, even one month ago. I knew a bubble when I saw one, and honestly for the average person like myself there doesn't appear to be much value in most of these coins (including Bitcoin). You cant spend them like currency for the most part. But I kept researching and it led me to Steemit.

I saw the potential immediately. A social platform where you are still the product, but instead of some guy in a mansion profiting from you as a product, you profit from yourself as a product. It allows for the possibility of profiting while building an audience and relationships.

This must be approached as a long term investment. But it allows for so many facets of this, not solely relegated to the value of coin and Steem Power. I am a self published author, and as such I have spent many years studying branding, search placement etc. If people will just have patience as they develop, it will pick up steam.

One example of this is Google search. I have only checked one of my blog posts, but the title comes up first in Google search. This will allow organic traffic (which of course is dependent on how many people may search that phrase) who now may be swayed to follow if they are a member, or better yet join Steemit so they can follow. Helping me build my tribe as it strengthens the site.

The idea of Steemit is genius, and the smart token is yet another idea to get excited about. If it is seen through, it will help increase awareness of the site (and coin of course) helping growth. Notice my first excitement was over the site, not the coin. I added that in as I read over this editing for mistakes. This platform will introduce many like myself who never would have considered crypto for any other reason. Crypto is foreign for most, blogging and social platforms are not.

I see so much potential here that I bit the bullet and am going to try my hand with other alt coins, my plans to invest a portion of any profits into Steem to increase my long term position and influence here.

To sum this up bluntly, if not for Steem I doubt I would ever have jumped into crypto. I just didn't see it as anything other than a bunch of hype. Certainly nothing that I had a use for.

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