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RE: Introducing Vapor, the Steem Merchant Solution
Very excited to see Steemit used for general purpose payments. I think that is the main thing that will make Steem rise in value - being used for purposes other than for Steemit.
Also, If cryptocurrencies are to truly take over the world, they have to match Visa at scale. Visa can do 4000 transactions per second. How much can bitcoin do? 28. It's not even a close competition. Which is why, either a) BTC must increase it's capability to support multiple thousand transactions per second OR b) Something that can already do that, like Steem or ETH must become more mainstream than BTC.
SegWit, Lightning Network. That's solution to transactions per seconds
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Yes that's right, apart from that, transaction fees and the usecase and economy of the currency is also important!
If you're interested in supporting us and our cause, feel free to upvote and resteem for us to reach farther out into the community!