What is it really?

So looking at a few exchanges this morning, I noticed they were all "Temporarily Disabled".

I know that currently Steemit is going through some "Node maintenance in progress. You may notice some features missing until it is complete."

But this has been a prolonged event and not the only issue.

Several times in the past, even without the Node Maintenance in progress, exchanges suspend Steem. This makes Steem less liquid and this is very frequent. You do not see suspensions of LTC, BTC, or other currencies suspended, or in cases like ETH, not suspended as often or long as Steem seems to be at times.

So what value is that if you need it quickly.

Or you want to trade to build and re-invest in the Steemit platform and Steem?

Now we would expect certain things like this on a "BETA" version, but the BETA thing has been going on from the beginning and does not seem to have an end. I do not know if this is one of the issues, or an issue at all as I am not a tech savvy user... but there needs to be (in my pinion) a more stable interchange with the exchanges.

Missing Opportunity

I really think Steem would gain so many more users that were tech savvy, blockchainers, if they knew Steem could be more fungible (being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind.)

As the cryptos gain market share and mass adoption, it would (again in my non tech savvy opinion), be vastly beneficial for the platform and underlying currency, to become far more fungible.

It seems to have the other qualities needed like; a medium of exchange; a unit of account; a store of value, etc. so let's look further.

1. Generally Accepted - OK.... In the exchanges we have this a bit, but not as much as needed and not as reliable as it should be.
2. Durable - The quality or value does not deteriorate over time, well this one is a tough one for any crypto as the blockchain is so new.
3. Divisible - This is OK for Steem, although it may need a few more decimals if the prices really soars in the future.
4. Stable & Consistent - Whereas the value does not fluctuate substantially with time... hmmm we may never see this quantifier in the cryptos.
5. Transportable - It is easy to bring with you, sorry Steem is not great at this, too long to access and no real speed in any transaction making it more useless to even transport.
6. Scarce - Uh yeah... NO, is there even a ceiling on Steem?
7. Easily recognizable - People have heard of it andhave faith it is really real,well not bad... ut Steem could use some work here.
8. Difficult to Counterfeit - I would say that Steem is good here as there are far more worthy cryptos to counterfeit if even possible (maybe it is with ETC, BCH, Etc.)..
9. Elasticity - Being able to expand or contract as needed within the eco-structure... I think Steem has this quality.
10. Economical - The cost to produce must be less than its value... I think we could all say it was, but this quality is not equal enough in time to value for all users
11. Inherently Valuable - A money should have use besides its use as a money to have it intrinsic value... it wouldbe if it were more fungible.
12. Long history of acceptance - A history of acceptance (longer is better) this is up in the air now as the crypto-shere is so new, but I believe Steem is accepted in most crypto users minds.
13. Supervised - The currency is tracked to avoid economic catastrophes... I feel fine about this as we have a very stellar set of minds on Steemit that are on constant watch.

Todays Measure

So what do you think?

What value do you place on Steem as compared to some of the other Cryptos out there... and

Does Steem need to become more fungible?

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Good Health – Evan Pantazi #Kyusho

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