How STEEM Can Learn From Bitcoin's Flaws!
I came across this interesting documentary (skip to 26:10):
To summarise, a journalist described how Bitcoin essentially created a new class of the "1%" rather than creating a non-elitist monetary system. Indeed, this notion of "democratization" is little more than a marketing ploy, used to rope in libertarianism and those disillusioned with the state.
Does this mean Bitcoin has no use?
Of course not! Its blockchain has paved the way for a new financial paradigm which promises a level economic playing field in the future.
However, perhaps Bitcoin is not the best currency to lead us through this monetary revolution.
As mentioned in my previous post STEEM already does a lot to provide a more equitable economic environment.
Indeed, if it manages to reduce the degree to which control over its network can be centralized, STEEM certainly will be the fuel which drives us to economic liberty!
First Steem-based Sci-Fi Series Out Today! Follow the tag #steemtales to stay updated:
Check out my other exciting posts!
Single Mother Next Door Neighbour Now On Steem:
https://steemit.com/money/@positive/my-next-door-neighbour-who-is-a-single-mother-is-now-on-steem-steemyourneighbour
How Steem Will Solve Global Inequality:
https://steemit.com/money/@positive/how-steem-will-solve-global-inequality
Don't Panic Sell:
https://steemit.com/money/@positive/don-t-panic-sell-you-ll-regret-it-short-message-regarding-steem-price-5-min-read
Sci-Fi Fiction Series Based On Steem:
https://steemit.com/money/@positive/the-first-steem-dedicated-sci-fi-a-futuristic-steemit-powered-world
Why Steem Is Better Than Ethereum:
https://steemit.com/money/@positive/why-steemit-prevails-where-ethereum-fails-aka-why-steem-will-definitely-succeed
How Steem Will Solve Global Inequality:
https://steemit.com/money/@positive/how-steem-will-solve-global-inequality
#steemit #steem #new #hot #money #anarchism #crypto #internet #future #life #steemwatch #investment #world #blockchain #positive #writing #introduceyourself #bitcoin #economics #ethereum
You're saying that bitcoin has no use, but are promoting steem, that has even less of a use than bitcoin has. Bitcoin blockchain has way more work done on it than any other blockchain out there.
Hello,
See this quote "Does this mean Bitcoin has no use?
Of course not! Its blockchain has paved the way for a new financial paradigm which promises a level economic playing field in the future."
Just mentioned some centralization concerns.
I'm sorry for not reading your not so interesting article. I'll make it up to you by giving you 12 cents, lol.
I welcome all legitimate coins. The more blockchains, the bigger the movement. Let's turn that 1% into 2%, and so on!!!
Thank you for sharing.
Good post! I like it! Good Luck To You!
buen trabajo,
¿Quiere esto decir Bitcoin no tiene ningún uso?
¡Por supuesto no! Su blockchain ha allanado el camino para un nuevo paradigma económico que promete una igualdad de condiciones económicas en el futuro.
bitcoin es el guía de todas las demás criptodivisas