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RE: Steem as a Digital Currency

in #steem8 years ago
  1. 3 days withdrawal a convenience? Quite the opposite! The most inconvenient.
  2. efficient, yes. PoW simply sucks.
    ,,who in the world would want to hold a currency that keeps losing its value? - not true. watch ZEC
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3 days for restoring from savings an inconvenience? I don't think so. Its like a secure 'savings' account, and you keep large amounts of money there.

For smaller amounts, you use your regular balance, from which you can withdraw instantly (3 second block time).