Yes...bitcoin is digital gold and it serves a very different function in the new economy. I don't really see Steem and Bitcoin as being competitors. Steem is for "making money" by creating value and Bitcoin is for storing value with the potential for long term appreciation.
RE: Steemit's new economic paradigm, or: Why Steemit might just work
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Steemit's new economic paradigm, or: Why Steemit might just work
Could be... few months ago we thought that cryto world is about bitcoin and ether for the topspot of a mainstream coin but that changed after the dao crisis and the rise of steem it... this is definitely an exciting era for the cryto world
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