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RE: Bitcoin, Steem, Bitshares CURING POVERTY

in #bitcoin8 years ago

It just so happens someone who I follow posted in a similar vein recently:

https://steemit.com/steem/@matrixdweller/steem-is-better-for-the-worlds-poor-than-bitcoin

The way that Steem also permits those in africa lucky enough to be literate also means that there is a direct opportunity for earning for these people. But if steem adoption continues to grow, as it is, the market cap will grow and this will give more scope for more developments funded by Steem itself, and the implementation of solutions for the world's poor. Steem I think represents the first cryptocurrency that has a shot at cracking this problem for the people in Africa, South America and Southern Asia.

Bitcoin, on the other hand, I personally see all the signs that flaws in its architecture are destroying its value and much of what flows out of bitcoin will flow where it is being better used. This is going to be in part Steem as well. I would be interested in seeing charts on the growth of the entire cryptocurrency market capitalisation, I am sure that soon we will see as bitcoin cools down, Dash, Steem, the upcoming zCash, and Ethereum advance faster and continue the growth of the amount of economic activity denominated in cryptocurrencies.

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