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RE: Steemit Has Competition On The Way But Will They Remain On Top ?
You hit the nail on the head, when you talk about the fact that the others are using existing cryptocurrency. This is a sticking point, because unlike Steemit, users will have to know at least a little something about cryptocurrency before they can start using the site.
Cg
exactly so @cryptogee and it leaves me wondering if they will have to "buy into" the competition using their own finances to start with or will they just be glorified faucets :)
I wonder if that really makes a difference because to cash out their Steem one still needs to jump through all the usual hoops