RE: Steem and Gridcoin

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Steem and Gridcoin

in price •  7 years ago 

Hello, i would like to point out that a practical, widespread and usable crypto currency needs to fulfill 3 criteria:
1.) Low transaction cost - e.g. to buy a pizza without large addition costs
2.) Stable curency - e.g. if you sell the pizza you want to be sure that the currency is stable for the next days.
3.) Fast transaction - both people in the pizza place do not want to wait log to perform the exchange (pizza vs. currency)

I think Bitcoin does not fulfill most of the criteria today. However, we gridcoiners should not hope for an infinite rise.

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