RE: Ethereum is a little bit pregnant and Steem benefits

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Ethereum is a little bit pregnant and Steem benefits

in crypto-news •  8 years ago 

One could argue that three currencies is overcomplication. Time will tell if people can understand and accept it.

Nice article. I'm not sure why but Vitalik Buterin has always been an a little too odd. I wonder what opinion IBM and Microsoft have of Ethereum after this debacle.

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You mean the three Steem currencies? Yes, that's tough to understand. I don't get it right now. Steem developers may phase one of the currencies out. I think the crypto market will end up making the decisions. Even 3 currencies is still simpler than Ethereum. I got the hang of Steem in a few hours.

The fact that Microsoft, IBM and other banks are hyping Ethereum makes me wary.

They're creating a currency that values content over liquidity. Nobody should ever hold Steem long term as it will dilute. Therefore SMD provide the most liquid currency to hold and Steem Power provide the most upside if you want a very long position.