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RE: STEEM As Money? STEEM Has Something No Other Cryptocurrency Has....

in #steem7 years ago

To start, do not separate out a coin (token) from the blockchain. That is crucial when looking at different coins.

What is the purpose of the blockchain?
What is the talent involved with that project?
What are the characteristics of said blockchain?

With STEEM, along with Bitshares, one big advantage is speed of the blockchain. The transmission times are some of the fastest out there. BTC and ETH are struggling with their volumes of late because they cannot handle but a few transmissions per second. So when discussing functionality, this is an important point to consider.

STEEM has the speed, security, and use in terms of being a disruption to the social media/content creation market. This is why it exists. To me, that is a big arena which can net tremendous results.

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thank you ..@taskmaster4450 You're drawing me a way to search.
. now i have to find a lot information about :
What is the purpose of the blockchain?
What is the talent involved with that project?
What are the characteristics of said blockchain?
.... it is good

Asking these questions is how you tell a good token from a "shit coin".
If it doesn't really solve a problem or at least make significant steps towards doing so it is bunk.
ofc you can still make cash off of bunk coins if there is a market for it (crypto kitties) or if you can spot a coming pump and dump.

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