I heard of Steem from @gamer00. He started talking about it about a year and a half ago. He was not really enthusiastic about it. But when he invested some thousands worth of crypto in it in February 2017, I should've followed suit.
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Cool. Investing in steem makes you enjoy your steeming better. Would you still invest money in steem?
I have bought STEEM with other cryptos.
The European Union is looking for a blockchain on which to put economic data from its member countries. They tried Ethereum but it couldn't pass muster because of having inadequate capacity at this stage. Take a look at this article:
https://steemit.com/utopian-io/@sorin.cristescu/european-financial-transparency-gateway
Steem would fit the bill. It's been running without major problems for two years. It has ample capacity event without hard fork 20 having happend yet. You can store data on Steem without having anything to do with the reward pool. The EU would have to pay for the bandwidth with STEEM. And that is just one potential application for Steem.
Cool @markkujantunen. Let us see what the future holds for steem.