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RE: Only In Cryptoland: On Zcash, Steem, and Uncertainty
I like to use a combination strategy with STEEM. Keep the STEEM and power up for the long run and keep community invested, trade the SBD for BTC to reap immediate benefits. Hey, those BTC are "free".
I really don't think too many cryptos can outdo BTC. They might serve specific purposes but BTC pretty much will be the currency of the future. STEEM will be very functional and useful in social media that imparts lasting value, but I doubt it will be as fungible as BTC. Most cryptos are just fads for hardcore traders. Look at Doge, Maxcoin, and so on. Never did much of anything.
Yeah I have to admit back then when I tried SBD --> BTC, it felt quite magical lol. Not too sure about BTC, I never really held onto it before. I think the energy requirement to upkeep that is simple inelegant and wasteful. But again, that's its strength. Maybe it'll stay well as an asset, but not for high-frequency/speed transfers.