I see Steemit is a Payment Network – Nothing more
Hey, what’s up guys? Enjoying Steemit sharing your content? For me it’s a fabulous payment network. I will tell you why I don’t see it as a just another content publishing platform. True it’s a social network and it’s something more and more. Let’s me explain you. Just imagine of a Facebook bank or a payment network handled through the Facebook. And let’s say facebook allows users to make transactions as they need without a single restriction. Everybody will start to use it. I see a very similar situation here in steemit. First there was only steemit coin but now we got SBD too. I see SBD has some similar conceptual qualities of Bitcoin. I really love it. And it’s very much better than Bitcoin. That make me to love it more. Transactions are very much faster than Bitcoin. And very low fees. When comparing to Steemit network as a payment network Bitcoin is nothing.
Steemit Wallet is something I’m very confident of. It’s protected by keys which have different layers of authorization power. It’s a remarkable feature and it increases the security. And it’s a standalone wallet applications which makes it more secure wallet. So I see it as a 100 successful payment network than a blogging platform. What do you think guys? And don’t forget that Steemit Wallet has a feature to restore your wallet if your PV key is hacked. Have you heard any other currency offer that? I haven’t, please do share if you have. This is the future of payments for me. I love it and will start my steemit path through this exploring this payment network.
Thank you