[Roger Ver, forget about Bitcoin] Bitcoin and DASH is already outdated technologies, Steem is the current best currency that we have.
Today Roger Ver and Jeff Berwick discuss Bitcoin transactions fees, that are skyrocketing, what a waste of good time? Instead just read the table I made below.
The non-technical comparison of Steem, Dash and Bitcoin.
| Feature | Steem / Steemit.com | Dash | Bitcoin |
|---|---|---|---|
| Transaction times | 3 seconds | depends on fee | depends on fee |
| Transaction fee | none / free | depends on transaction time | depends on transaction time |
| Prepared to handle transactions from all people in the world? | yes | no | no |
| Social media on the blockchain? | yes | no | no |
| Extra currency for holding "dollars" on the blockchain? | yes | no | no |
| Dividends on holding the dollar-based-currency? | yes | no | no |
| Curation rewards and author rewards? | yes | no | no |
| Fun to use, easy to use, usernames and meeting new people? | yes | no | no |
| Over-priced, outdated technology? | no | yes | yes |
Steem on!
Lasse Ehlers
Copenhagen, Denmark
I am very bullish on STEEM
I absolutely love Steem's transaction times! I haven't used a cryptocurrency (yet) with this good tx times.
Upvoted!
Yes, Steem is working very well. You need to print your password and save it in a safe place, but other then that its very easy, very fast and free to use.
Its only a matter of time, before the masses will know this.
I don't like your comparison too much.. it's just a list of Steem features.
I was hyped about DASH for some days, after Amanda B. Johnsons presentation in Anarchapulco, but then I realized that what she was saying wasn't as amazing as she wanted it to be.
Forinstance Steem already uses usernames and she made it sound like DASH was the first to implement usernames (this summer or whenever its ready). Also the same goes for dividend accounts, that Steem already have.
On top of this DASH is outdated technology compared to Steem.
Bitcoin got outdated because of the stagnation with the updates. But I can't see it being left behind. We're still in the early days, even though a coin might seem "outdated", there's still time for it to get better. Just HODL , trust your gut feelings :)
I agree that Bitcoin and Dash can still be good investments, as people tend to go to Bitcoin first, and then later discover other coins. Steem is a little different in the sense that people who knew nothing about cryptocurrency suddenly own some Steem, if they join and make an intro-post for instance.
That's very true. Steem is one of a kind in that sense.
I agree. It won't be left behind..
maybe not in the following years, but it could happen one day.
It could. But at present bitcoin acts as a 'reserve' for everything (including Steem) so it would be a long way to get rid of it. I think it won't disappear, in the same way as IPv4 didn't.