RE: Beginner Analogies for Digital Currency

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Beginner Analogies for Digital Currency

in cryptocurrency •  7 years ago 

Not a bad comparison! However, I feel like Steemit applies more to the Kindle analogy. Not as much as STEEM. This is a tough exercise...!

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Right. Steemit, not STEEM. Thanks. (Ugh. So new, still.)

That's okay! It's a good analogy in the sense of Steemit... a disruptive new model of reinvigorating mobile / online content. STEEM (the currency) is trickier, because Steemit is just one way of using tapping into it. One day soon, there will be hundreds of websites that plug into the STEEM economy. I say Tesla because it's comprehensive kind of company with an open-source philosophy... they're not as much in the business of building automobiles as they are in the collecting / sharing of information.