Major key as you stated in the video is that Steemit works right now includings tons of Steem apps. While most other coins are not really doing anything. So nothing even comes close to Steemit in terms of competition. And also good that you pointed out how Fiat currencies are already being printed like crazy at the moment by the banks without any care on how it creates massive inflation for holders of Fiat. Great introduction was pretty funny haha.
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Exactly you got it!