You are viewing a single comment's thread from:

RE: Thinking about the future, User Issued Tokens on #steem. Trying to explain my vision...

in #community-tokens8 years ago

One of things I love about Steem is the built in community, on so many levels. Community is a huge indicator or potential acquisitions for any company. It increases it's value but for me the genius part of Steem is the built in transactions which allow it to grow as a currency. Currently, 1.8 million bitcoins are still unspent roughly 4,503,000,000 USD worth of coins have never moved. In order for a currency to become legitimately a currency it has to be spent. Most people are holding on to their Bitcoin as if it is a work of art that will increase in value, and rightly so. With Steemit you have a currency that is being traded more freely and in time will grow to be used outside of the community. That is the current advantage it has over other cryptocurrencies.