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RE: Bitcoin vs Steem - Why Bitcoin can not compete long term

in #cryptocurrency7 years ago (edited)

"noone in PoS environment will accept a token which main purpose is managing posts and likes."
Why is that? Steem is currently used mostly for posts and likes, but it will likely be used for much more as more people adopt it.
Steem is better at money transfer and that is what matters for payment processors. Once enough people use Steem, which is likely as stemit.com grows payment processors like bitpay and others will integrate it making just another, but cheaper option to pay for anything.
Give it another year, likely less and Steem will be used to buy and sell products and services online and offline.