RE: Why Steemit is the New "Gateway Drug" of Cryptocurrencies

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Why Steemit is the New "Gateway Drug" of Cryptocurrencies

in steem •  8 years ago 

Steemit isn't the potential replacement, steem is. The former is the application while the latter is the currency.

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8 years ago by

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      ·  8 years ago 

    because of the drastic inflation, steem seems not meant to be a store of value, so i doubt it is competing with bitcoin

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        ·  8 years ago (edited)

      Bitcoin's not a good store of value. It's phenomenal as a medium of exchange though (except for the slowness of confirmations).

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