STEEM VS BITCOIN
Both Steem and bitcoin were designed with a particular function in mind. Bitcoin was created to serve as a digital, peer-to-peer currency. Steem is, at its core, a social media platform. Many social media platforms use voting systems, such as up-votes, shares or “likes” to prioritize content. Steem incorporates these concepts into a unique, block-chain-based platform that pays users in STEEM for their contributions to the network. While STEEM and bitcoin are both crypto-currencies, STEEM’s usage is specific to social networks.
Steem, on the other hand, is effectively given away for free to those who contribute content and engage with the community on the Ste-emit platform. Hence, the value of Steem is largely driven by the growth and success of the Steemit platform.