What is the advantage of steem using a blockchain?

in #introduceyourself7 years ago

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What is the advantage of steem using a blockchain?

I have confidence in the basic rationality of Steem, which is that substance makers and caretakers via web-based networking media stages ought to be made up for the esteem that they make. Nonetheless, I don't perceive any reason why utilizing a blockchain is at all profitable for this reason.

Initially getting paid in a digital money is far less valuable than getting paid in dollars. In the event that I need to money out my income I need to go to an alt cash trade to change over my steem to bitcoin, at that point go to a bitcoin trade like coinbase or hover to change over my bitcoin into dollars that can be moved to my financial balance.

I additionally don't perceive any reason why an organization like reddit or facebook, which utilize customary, exclusive databases, couldn't set aside a small amount of the income they gather from publicizing to pay the most productive substance makers in an indistinguishable manner from steem without the utilization of a slower blockchain based application.

While I see steemit being positive for those in the specialty digital money advertise, it doesn't appear to include down to earth an incentive for the lion's share of people for whom it would be far less demanding to connect their bank data to their web-based social networking account and pull back their profit specifically from organization that works the online networking stage.

Simply needed to get individuals' considerations on the points of interest/detriments of blockchain with the end goal of online networking.

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It would be very nice of you if you refrain from using the #introduceyourself tag for this kind of content.

sorry for this mistake. i will change tags now

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