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

in money •  8 years ago 

Beautiful article! First, lets set our sights a bit lower, than world domination and kick bitcoin into second place :)

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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.

  ·  8 years ago (edited)

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