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RE: The Great Steem Debate: Berwick VS Sovryn - Steem Discussed for Hours on National Radio!
Apply the same logic to Bitcoin. Answer your own question then get back to us.
Apply the same logic to Bitcoin. Answer your own question then get back to us.
Lots of people keep asking that same question yet it seems very few want to apply that logic. I tend to believe that this platform is starting to cause fear among the bitcoin evangelists. Bitcoin does not have to be the only revolutionary digital coin to come out of a revolutionary technology. In fact it will be replaced some day in the future by something better, faster, and easier to use.
Bit coin doesn't promise to pay out anything to users. If you send someone 1 bitcoin for goods or services, they get 1 bitcoin. Yes there is an emission schedule for miners to bootstrap currency distribution, but its well-understood.
And that is all Steem does. There is an emission schedule for miners (blocks) and in time it will be well understood.