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RE: Steem Passed Ethereum's Number of Transaction and Will Pass Bitcoin Soon
I agree. I think it's undervalued, as well. By 1000s of basis points.
So many reasons, for example:
- Mobility of Currency (especially as you move throughout the world)
- No Fees (as a business owner, I'm already meeting with some dude all the way in Denmark to test his technology to accept cryptocurrency at our Wheel Repair company)
- Simple to Send Money to Anyone (No wires or dealing with brain-dead bankers)
- Complete Anonymity of Transactions and Wealth (Speaks for itself)
- Can Create Private Debt and Equity Instruments with REAL Leverage (Based on balance sheets that actually make sense and are pegged through basket systems to include fiats until they are eliminated; and currency as a whole is de-regulated)
- Can Deploy Capital Immediately (For example, once shit calms down and the markets are less volatile, then we could structure a draw schedule with a home builder that eliminates much of the unless arbitrage that is systemic of a archaic banking system)
And lots more. I mean, I literally could go on for hours. This is exactly what the entire WORLD needs.
I'm so using that!
Great points, but as long as timestamped data is on a public ledger there isn't complete anonymity.
Certain blockchains such as Dash allow for private transactions.
Very true. Can you provide a link to Dash so we can learn more?
http://dashpaymagazine.com/index.php/2016/05/31/what-is-dash/
I recommend signing up to the slack channel, a lot of helpful users:
https://digitalcash.signup.team/