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RE: This is why STEEM will be the de facto base currency of the Internet
Your ideas are pretty solid but it is going to take a lot more acceptance of crypto in the world for it to work!
Your ideas are pretty solid but it is going to take a lot more acceptance of crypto in the world for it to work!
How much of crypto is actually getting used, and how much is being traded speculatively or hoarded?
This is the main issue right now... people is translating the same old rules from the failed financial system to this new world of crypto... trying to speculate in the same Wall Street way... Not many people is using crypto to actually transact in the real world. I'm actually working on a project to promote real use of crypto by communities, because I believe is what is needed in order for crypto to go mainstream.
the key to what you are saying here is "real use of crypto by communities". The thing is that people outside of the crypto world will NEVER think to, or want to use tokens because they have zero need to. my parents still dont know how to use a credit card!
True, but when the world does realizes its true value most fiat currencies will become a thing of the past, I think we are getting there!
this is 100% not true. Crypto is still fiat!
I still think that STEEM won't be base currency of the Internet. There are more popular crypto like ETH, which will take the market. STEEM is good alternative, but it won't be that popular.
Excellent information. very disaggregated and analyzed stealthily. Greetings from Venezuela