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RE: Why SteemCash would be a much better currency than SBD(SteemDollars)

in #steem8 years ago

Good idea but i think their is one very good reason to stick to the SteamDollars. Universal appeal everyone around the world understands how the dollar works and what it is worth to them.
For steemit to reach it's full potential and compete with the likes of reddit, you tube etc it needs to appeal to a massive range of people.
For the vast majority of people bitcoin is complicated, to techie, and a big gamble that they just can't get their head around. by linking to the dollar (a tangible currency they can hold in their hand and immediately understand) it simplifies the learning curve and reduces the perceived risk involved. Making it much more appealing to the masses.

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You should look into the future instead of looking back into the past. Nothing matters about the past. Dollars are not going to be liquid enough to serve as a currency is the future.

Bitcoin already IS appealing to many users. Even with the people who are still thinks that dollars are a hard currency, they will be forced to reconsider their view in the future.

Totally agree with you. They don't need to learn something new. They are getting paid with something they know and are comfortable with.