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RE: Valuing Cryptocurrencies Based on Competitive Advantage

in #steem6 years ago

i agree with your above comparisons. i do think bitcoin has the strongest advantage though personally i have a grudge against it for those high transaction fees and long wait times lol! i also agree and am partial to steem as a usable easy to store and transact token. no other crypto that i hold has such a good ROI and can be earned through "posting" or proof of brain. that alone makes it stand out to me and the SMTs coming out in the future which will only increase its value.

i also see things like ripple (though centralized) as having a big place in mainstream society. anything mass adopted by centralized institutions and governments can only be good for improving the "face" of cryptos to the mainstream. once that is overcome, i believe decentralized cryptos will start to be met with less fear. we can thank cryptos like ripple for providing this news attention and getting the foot in the door (no matter how we morally feel about them long term or the institutions touting them).

i'm also quite excited about EOS and dan's project. i really love your positive prognosis for steem and i am hoping we continue to have a growing community here, while also keeping an eye out for what happens over on the EOS platform.

stellar, ltc and cardano are others that i'm holding longterm as i think they'll only appreciate in value.

i see the utility tokens with low transaction costs and fast speeds as the tokens of the future. which ones make it "big" and gain competitive advantage will be the ones which are adopted on a mass scale and used. i see steem as leading that list! ;)

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