Steemit Is Bitcoin's & Alt's "Killer" App-Here Are The Proof!

in #steemit8 years ago (edited)

Steemit has broken through many hurdles that were blocking new people to enter crypto currency space.

PROVING THAT THIS IS THE BITCOIN'S AND ALT'S LONG AWAITED KILLER APP.

Please read the proofs below!


Here are some of them:

  • Learning curve - Anyone who have tried explaining Bitcoin and alts to someone, know very well how hard it is to convince somebody that, these are as good, if not better to the fiat money that they use. The difficulty is compounded by the technical side of things, some cognitive dissonance that refuses to embrace new financial paradigm and the novelty of the idea, all inspire a mild mental shock to someone so new to the idea of a virtual currency. This is a little hard to take all in, even for the computer literates. More so for those that are not.

With the advent of Steem/Steemit. Most of these barriers to learning are now welcome challenges.




  • Cost - Someone who belongs to the group that can easily accept the idea of crypto and are willing to try out what it has in store for them, are usually held back by the cost of entry. For them shelling some fiat cash, represents a risk that they are not sure, if it is even worth taking. (Of course we very well know that UNLESS you buy into a scam coin, this is not really the case.)

Again with Steemit, there is totally NO FINANCIAL COST OF ENTRY, NO FINANCIAL LOSS RISK. Provided you secure yourself a free account, you actually automatically receive some financial reward just for TRYING THE SYSTEM OUT. What deal can be sweeter? If I am not mistaken, making a Steemit account today will reward you with 10 Steem Powers in your account wallet. With an estimated Dollar value at today's exchange rate of about $34.




  • Crypto distribution - after launching a crypto currency, the problem of distribution eventually surfaces. It is of course closely related to the cost of entry above. The potential of the project and the trustworthiness of the team behind the currency. These factors and some, affect the market that would otherwise join the adoption and help in distribution. Because of these reasons a new crypto currency would be deemed very successful if there are some* new users that BUY INTO the coin everyday.

With Steem, a part of distribution is automatic. And as of today there are about 1000 new accounts created per day on average. The peak hitting as high as 2,790. Which in the foreseeable future, is only bound to grow EXPONENTIALLY, as the news of "financial rewards for posting" spreads far and wide thru different media and words of mouth. Each of them receiving the crypto and will later on help in distribution too by taking part in Steemit activities. We also have to emphasize the fact this distribution IS THE MOST ORGANIC method ever applied by a new launched crypto in history. Others have tried Facebook referral system before, some have given away to the existing communities of crypto holders, but they EVENTUALLY HAVE TO END the system or else they would lose. Here, this distribution scheme is an integral part of the grand design and long term plan of Steemit. Genius would not even suffice to describe it.




  • Micropayments - For ages, crypto developers has this noble idea to reward content creators in any media, video, blogs, musicians, artists and journalists to name just a few, tipping was tried, but how far can you tip? Would you even spend your whole life HUNTING for somebody who deserves whatever measly tip you can afford to give? If ever you do the actual tipping, there is this TRANSFER fee on the blockchain, making the whole idea of content rewarding prohibitive, because of time, effort and money involved. Of course other means were tried too. Pay to view using crypto and the likes. Never flourished.

Steemit once again broke all records in solving this! Here, content creators are tipped, No! Rewarded! Hmmm actually to be honest, some of Steemit contributors are literally LIFTED UP OUT of financial hardship once and for all! Okay, okay that is not the usual rewarding level here. But it happens everyday. Not for everyone, but it also add to the excitement in posting and improving your contribution, because there is this lingering hope that there is this chance to hit the jackpot. The regular tips are not bad either. It is very easy to do and the benefits goes both ways from the reward giver and the recipient. Therefore the method of "tipping" here in Steemit will not stop suddenly, just because the tippers ran out of either money or patience. They are provided with lots of encouragement to continue doing so to others what they have received. Paying forward was never this fun.




  • ASIC MINING RESISTANCE - Eversince "cryptomining" was conceived, it has been the aim of the developers to avoid, anyone to have the means to get all the, mining capacity. Defeating the network and making the transactions malleable. Pulling down the reputation of any crypto that will allow that.

Steem has easily resolved that. Putting mining power into the hands of the people that join the Steemit platform, mining power is thus greatly distributed, of course there are still people who can game the system in more ways than one. But getting the majority of mining power is not one of them. And the miners does not even have to learn anything about it too. We are all mining here in Steemit and it all goes on so easy we don't even know it is happening. Try building and ASIC miner to POST, UPVOTE and COMMENT for you and see how far in mining power can you get.




Open Market/ Decentralized Crypto Exchange - It has been tried time and again. But the numbers just don't support much growth.

Steemit and Steem gave this idea a new breath, numbers are growing, market is flocking and THEY ARE HAPPILY DOING that. While not everyone signing up today may appreciate those markets, they actually have passed the most critical points, markets are just arm's length away. It will be there whenever they are ready to utilize them.

Therefore, Steemit/Steem has all the bases covered and more. it is just a matter of time till we see an explosion of new accounts creation(much bigger than what we have seen so far).

STEEMIT HAS 13,000++ ACTIVE USERS AS OF TODAY. COMPARE THAT NUMBER TO THE ACTIVE USERS OF OTHER NON PAYING PLATFORMS BELOW AND TELL ME, HOW MUCH POTENTIAL FOR STEEMIT DO YOU SEE?

Social Networks

WHAT CAN YOU DO TO BE A PART OF THIS REVOLUTION?

Be sure to post good contents. Try and try again to win those mouth watering rewards that others have already bitten. It is a way to have enough Steem power in your accounts. More of it will mean you will also be rewarding other contributors more, the same goes to your rewards. Whenever you get anything, STEEM, STEEM DOLLARS, be sure to power up some of them. Build your account up at this early stage. YOU ARE ACTUALLY INVESTING IN AN ALREADY SUCCESSFUL START UP. While every venture have the risk of failure, Steemit have more chances of success than anything else online. I would dare say, we can even overtake Facebook someday, because of the diversity of applications that Steemit has and there are lots more to come. Take part in the conversations on the comments section, they share the rewards too of the main post.
Upvote the good content you find. Follow them.

Use your other non paying social media platforms that only benefit financially from you to invite others, let them see the potential you saw here, you can even help each other to make your posts more visible right? Let your family in on the good news too. Then your relative and friends. Together we can slowly invite the communities from Facebook, Twitter, reddit, Pinterest, Wordpress and all the other not-so-interesting-now, social networks to JOIN HERE.

Do not forget, you need Steem powers, all that you can get your hands on. I would personally grow my Steem power holdings (easteagle13 account), so that I will be included in the growth of Steemit, that I can clearly see. I would not allow Steemit to reach the peak WITHOUT ME. Yes, my holdings are not that much BUT I HAVE SOME! There was a time, that I DON'T HAVE ANY. I am particularly blessed to have noticed and tried the platform earlier than some, to my pleasant surprises.

I encourage you to dig deeper, research everything about Steem and the team behind it, research to your heart's content, and if you find it as good as I see it. Then you'll know the best thing to do. Build that Steem Power! yes, if you are so inclined, you can also trade that devaluing FIAT into STEEM POWERS, did you know that? Do your own diligence first. Don't ever take any other man's word for it.

So for all the current cryptos in existence today, Steem has my vote as the best by many measure. Steemit is the best crypto paying platform.

What do you think? Do you agree?

So secure, your accounts, Steemit away! And let us enjoy the ride together! -east

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Very entertaining, Keep up the great work! Upvoted

You're a speed reader.

Bots are fast readers.

good job! totally agree
but..we have minimum 2 very powerful enemy - FB and twitter.
for steem its very important to become "to big to fail" as soon as possible
we should to discover and to create new reward approaches for content creators . it will be evolution - cybereconomy 1.0 :)

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