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RE: Found : The Crypto for mainstream adoption
Actually I'm pretty sure all of this was thought of before. Here is an excerpt from the Steem whitepaper :-
"Merchants give users a way to quickly convert their cryptocurrency into tangible goods and services. Merchants need a currency pegged to their unit of account, normally dollars. Accepting a volatile currency introduces significant accounting overhead.
Merchants will accept any currency if it increases their sales. Having a large user base with a stable currency such as SBD lowers the barrier to entry for merchants. The presence of merchants improves the system by creating an off-ramp for users to exit the system without going to the trouble of using an exchange."
Oh I see, haven't read the white paper myself. Thanks for pointing it out.
The uses of Steemit are almost unlimited, mainly because it incorporates the financial aspects of life too.
As soon as Steem and SBD become similar to BTC in the sense that Fiat currencies can be directly traded for them, all business 101 transactions shall become a "normal" thing here on Steemit.
If we look at other social networks out there, most if not all of them are actually being utilized for business101.
The page @classifieds here on Steemit is trying to break the ice on this, trying to promote the idea that Steemit is a place where people can do business101, where Steemit can be utilized as a tool for every business out there, as are other social networks.
I'll just give an example:
A real estate agent can do the following:
Build a portfolio.
Go into direct communications with potential clients.
Ensure that this is THEIRS and THEIRS ALONE, without the "big brother factor" as on other social media sites.
Other businesses can give shares to their workers, via subtokens. (like the new Pocket Tokens here on Steemit)
So there are countless opportunities out there, all it really takes is for people to break the ice. To actually go out there and start using Steemit for more than "just blogging".
The tags are the tools here for people to use when looking for something and this is something that we all as users need to start making uniform. otherwise users shall as up to now, be surfing around looking for things.
Like for example the "classifieds" tag, once it becomes a commonly used tag, all classifieds like posts shall be accessible with just one click of a mouse.
We have the tools here, we just have to start using them!
Thank you for the explanation.
Great comments @jackmiller. Thanks for dropping in!
You've got the vision my friend. Jokes and blokey Aussie banter aside, you're a clever clog no doubt about it.
Agreed! I feel we just have to move to a world where the fiat<->crypto conversion is not essential (i.e., you can buy a ton of goods and services and stay inside the cryptocurrency domain). "The KIng" has us "by the XXX" as long as we require access to his currency.