Steemit vs. other Cryptocurrencies

in post •  8 years ago 

Hello Steemit community!

Just a question.. Do you believe that Steemit will beat all the minable cryptocurrencies such a Ethereum or litecoin?

Why to buy expensive GPU or ASIC and mine for electricity when you can just post your stories, make an own blog and have an income thousands of $.. It is so simple and I am scared that is only a short term boom :-/

What do you think?

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I think it has potential, but currently is a short term boom. Too high price, people cannot afford to buy steempower enough to enter. But long term I think ok, this is why: https://steemit.com/steemit/@davman/who-does-actually-pay-for-your-creative-content

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