I've been involved in conscious business and values based investing for quite some time now. Even now that I'm retired, I continue to care about these topics and network with others who also care.
What we're really talking about is making money more humane. Kind of important given that the only ones who need it are actual humans. And yet our money is not humane in most contexts. Working together, we can change that.
One of the paths I see to that socio-economic improvement is cryptocurrency. I write about the values based perspective on crypto and I also have a channel on YouTube called "Conscious Crypto" where I review various coins on both a market fundamentals (likelihood the price will go up over time) and values-based investing perspective.
Well as many of you know, I retired and moved interstate a few months ago. The transition has put a lot of pressure on my time and mental space, so I haven't been creating new videos since just before the move.
Well I'm back!
And here's my first new entry in the series, this one on STEEM!
If you learn best by audiovisual, you're in luck, because the video goes into much more depth. (If you're one of my regular readers, you'll also get the chance to see me actually speaking for once!)
But here's the TLDR for those of you without the patience for video.
STEEM is absolutely my favorite cryptocurrency for investing. Even if I wasn't participating on the platform, I'd still hold the coin, and probably delegate it to people buying delegations on Minnowbooster. I myself used to buy delegations there, and it really helped me get off to a stronger start on here than my budget would allow at the time.
Comparing STEEM to other blockchains, we see that it's faster, free, and easier to use than most, with over 400 dApps already in use. It should be a crime that public lists like DappRadar show only ETH and EOS dapps, when including STEEM dapps would clearly show how the blockchain blows the others away in terms of real world usage.
And that's just the market fundamentals based on the quality of the tech. The values perspective blows most other coins away.
What do you think it does to the world when content creators are mentally retrained to realize they deserve to share in the wealth generated by their creativity?
How about the idea that by creating one quality article, photograph or video per day, a person in Bangladesh could earn a full-time income on the STEEM dapps?
If you're already signed up on one of the STEEM platforms as you read this, count yourself fortunate to have found your way to such a quality coin so early on. If this is your first time really learning of STEEM and its universe of 400+ dapps, of which Steemit is one, then count yourself lucky you're learning of it now.
Eventually this crypto market is going to be less about what company PR departments do and more about the technological and usage fundamentals. When institutional investors look at the market, that's the basis they'll be using to decide where the risk:reward scenario benefits them and/or their clients. Investing in STEEM before they learn of it is definitely a good idea.
Of course, I say this as someone who has done my own research and come to this conclusion for myself. I'm not an investment advisor or investment professional, so I can't do the research for you and tell you what to do. But this is a good one for you to be directing your research toward, to see if it is in fact in alignment with your investment intentions.