You are viewing a single comment's thread from:
RE: Steemit's new economic paradigm, or: Why Steemit might just work
Yes...bitcoin is digital gold and it serves a very different function in the new economy. I don't really see Steem and Bitcoin as being competitors. Steem is for "making money" by creating value and Bitcoin is for storing value with the potential for long term appreciation.
Could be... few months ago we thought that cryto world is about bitcoin and ether for the topspot of a mainstream coin but that changed after the dao crisis and the rise of steem it... this is definitely an exciting era for the cryto world