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RE: To my friends from TSU still searching for a new home: 10 things I like about Steemit and more

in #steemit8 years ago (edited)

Thanks for commenting, @transhuman. I agree. The support for creativity here seems great and is really enhanced by the ability to do short-form and long-form work.

The way I think of the Steemit blockchain is that all the stock exchanges, electronic real estate transfer systems, credit card and banking systems, and more, all have computerized systems running in the background for tracking every little thing that's happening, down to the fraction of a stock share and fraction of a penny, including any stock splits and sales, every few seconds. The Steemit blockchain is doing the same thing, from an open source system with transparent outputs. They need the social network platform to test out and build out their overall system, with all the financial hooks and monitoring, like we see in the steemit tools being developed.

And steemit currency is just like stock in a company, but we can earn shares as well as buy them. We don't trade our shares on a stock exchange, but on a digital currency exchange, where the price fluctuates all the time depending on the available supply and demand.

It is a pretty amazing system! And the people have been pretty nice, too -- a real bonus! Steem on!

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