This is a great argument against Bcash - transactions and speed dont matter that much.
What matter is the network itself. How big is it, how safe and how many users does it have and how versitile it is.
Steem is a very narrow use case. Thats why the market cap doesnt show it. We shall see what SMTs and EOS will bring.
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Will SMTs be implemented on STEEM or EOS or both?
on Steem.