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RE: Who Needs Steemit?

in #steemit6 years ago

An excellent and sensible article. The ability to transfer funds in 3 seconds for free alone makes STEEM far superior to high fee 10 minute Tx of Bitcoin (although STEEM has much lower anonymity factor) If people realize just this factor, most power downs would actually stop.

BTW I wrote about some related issues and even about how large power downs help the platform. You can check them out at: https://steemit.com/analysis/@vimukthi/in-depth-analysis-on-the-steem-wealth-distribution-and-economics-power-downs-are-great-and-good-times-are-ahead

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"If people realize just this factor, most power downs would actually stop."

Yes indeed. I don't understand how so many miss this fact.

Thanks for your visit and comments.

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