Why I think STEEM has a Bright Future Ahead?

arunava (76) in steemit • 7 years ago

I am being pretty bold here by stating that STEEM has a Bright future ahead. But I do have my reasons for this.
There are many aspects that has led to me believing that the Future looks Good.

1. Own Block chain

Now you might think what's so special about having it's own Block chain. For example Ethereum has many ERC20 tokens that run under the Ethereum Block chain which has led to the Ethereum Network getting Clogged up. Since the ETH Network is clogged so is the whole Network for the other ERC20 tokens.
STEEM has it's own Block chain so there is no problem on that part.

2. Speed of Transactions

Now if you are reading this post of mine you are quite likely involved with Steemit and know how crazy fast the Transactions are on the STEEM Block chain. It needs about 3 seconds to complete a transaction. I don't even want to compare that to other Cryptocurrencies as they wouldn't even be in the Ballpark.

3. Zero Fee Transaction

Recently we have seen that we are having to pay a lot of BTC transaction fees but rejoice guys as STEEM has zero fees, you don't need to worry about such things.

4. Monetization

Money is always a great Motivation for people. Since Steemit is paying it's users for providing Content people will always flock towards it.

5. Various Block chain Explorer

STEEM has various ways to access the Data in the Block chain. The most popular one is Steemit.com but it also has busy.org, dtube, dlive, zappl, steepshot, utopian.io, etc.
Where can you find such a range of Explorers.

6. Decentralized

Have I mentioned the fact that all of these are Decentralized. The Block chain is not governed by any single authority or any Organisation. It belongs to the people.

Guys I could be wrong about this too.
Let's hear out what you guys think.
Unleash your Comments Below.
Untill then See you guys in my next Post.

steemit steem cryptocurrency busy thealliance

7 years ago by arunava (76)

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keepinitreal (49) · 7 years ago

I agree. I think Steemit is going to be the new Facebook and dTube will certainly be the new Youtube to be honest. It makes perfect sense. Why would anyone want to share their hard earned money with a 3rd party company that they don't even know, when instead you can be sharing with the community who enjoys your posts and you get to actually know. Steemit can only be as good as the community that runs it, and i believe this community is just what it is going to take. Lets keep recruiting and keep out any parasites! Stick together and be the resistance. Big companies and organizations are going to try their best to destroy platforms like this. They don't like us being able to be independent. One for all and all for one!

https://steemit.com/@keepinitreal

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1 vote

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arunava (76) · 7 years ago

I can tell you one thing that the Community here in Steemit is simply awesome. Facebook doesn't even have a real community where someone will stand for you.

Her in Steemit you will find multiple cased where total strangers have offered their support to person in need.

In FB that's never possible because their is no Community building out there.

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aidan-crypto (31) · 7 years ago

Totally agree,

I was just telling someone the same thing last week.

Nice work.

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arunava (76) · 7 years ago

Thanks a lot @aidan-crypto

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aidan-crypto (31) · 7 years ago

NO probs

I will be watching out for more

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levitation (44) · 7 years ago

This post has received a 27.01 % upvote, thanks to: @arunava.

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monjan (53) · 7 years ago

those are pure facts and am glad more and more people are getting to realize that as they continue to get adored ,steem and sbd are only available on 2 exchanges and the future unfold the steem block chain will blow up

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arunava (76) · 7 years ago

Yes STEEM on my friend.

We all hope that it will burst through the Stratosphere.

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pranithreddy (51) · 7 years ago

Yep ! I do believe the same and won’t be leaving , since I get tonnes of riches and knowledge from this platform . Moreover steemit is well equipped with like minded active people so we would be energised daily :) Thanks for sharing
I would definitely contribute myself in a larger way to the steemit ,though I’m a minion now .

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arunava (76) · 7 years ago

I am a Minnow too but that doesn't matter.

I am having fun here on Steemit plus I am making some friends too.

The Cash helps out too.

So it's a Plus Plus and Ultra Plus situation for me. No reason at all to go back to Facebook.

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aksdwi (53) · 7 years ago

This post has received a 5.96 % upvote from @aksdwi thanks to: @arunava.

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postpromoter (63) · 7 years ago

You got a 2.84% upvote from @postpromoter courtesy of @arunava! Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

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ainomugishabrian (32) · 7 years ago

Offcourse the oraganisation is under the people to control it or not.you are very right arunava.

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arunava (76) · 7 years ago

So true.

Let's see what the future Unfolds.

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shaquillewimpel (32) · 7 years ago

I so agree with you. True!!

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arunava (76) · 7 years ago

Thanks a lot @shaquillewimpel

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1 vote

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the.human.union (48) · 7 years ago

@Arunava,
Thank you for your time&energy to put these encouaging points that verifies the fact that Steemit is going to be the economic community model that will be the trend setter for years to come.
I am excite and excellence peice.
L

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arunava (76) · 7 years ago

STEEM is a trendsetter.

In the crypto world the one who comes first with an unique idea gets a healthy headstart in the race.

STEEM is well ahead of the others right now.

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nainaztengra (79) · 7 years ago

Excellent post to provide all of us an insight om the future of our steemit platform. Totally agree with you that steemit has a great future and so do all the steemitians who believe in it. So, cheers to the bright future my friend :-) . Regards Nainaz.
#thealliance

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arunava (76) · 7 years ago

Cheers to you too @nainaztengra we all will reap the Rewards of the efforts we are putting in.

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sneaky-ninja (59) · 7 years ago

Sneaky Ninja Attack! You have been defended with a 5.46% vote... I was summoned by @arunava! I have done their bidding and now I will vanish...Whoosh

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cryptodollar1 (51) · 7 years ago

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arunava (76) · 7 years ago

Man this gif is just awesome.

STEEM on my friend.

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kenhudoy (61) · 7 years ago

great post buddy. steem also has chainbb, eSteem and new one annouced as Steempress built for wordpress users.
nice post as always. keep it coming

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arunava (76) · 7 years ago

It has SMT's too but I kept it aside because those are not an active participant of STEEM right now.

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kenhudoy (61) · 7 years ago

Sure and who knows what we have in stuck on next hardfork. And hey, steem has so many upvote bots too although their activities are being criticised by many both gives hope to some minnows
Hahaha

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channygram (40) · 7 years ago

There is no doubt that this platform will lead the charge into the future. Thank you for outlining its potential pros

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arunava (76) · 7 years ago

No worries @channygram just keep Steeming.

STEEM on.

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1 vote

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blog-beginner (53) · 7 years ago

Owning the own block chain is the biggest advantage I see. And not to mention, monetizing the social media is a great idea in itself. What can stop such a platform.

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arunava (76) · 7 years ago

Look at Facebook it's a multi Billion Dollar company so we can already see where this platform might reach.

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cool-mike (33) · 7 years ago

Great Post!! I just wrote about what my opinion is on the potential for Steem in 2018. You might enjoy it so if you get the opportunity take a look. Thanks!!

https://steemit.com/cryptocurrency/@cool-mike/my-analysis-for-what-the-potential-is-for-steem-in-2018

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panton (35) · 7 years ago

Ok... Noted

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trumanity (60) · 7 years ago

I think your assessment of the strengths of steemit is accurate. But with everything, there are weaknesses or threats which challenge the longevity or sustainability of any service or platform - isn't it so? I am not an economist, or any sort of data analyst - I am trained in psychology and to a degree, language, so I am out of my depth on this matter. But as I am in the field, I witness that the main threat stems from the users themselves - where their motivation for using or abusing the platform, poses a threat to the overall enjyoment and therefore the value of the platform. But I may also be completely talking nonsense.

I liked your post very much. Thank you.

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arunava (76) · 7 years ago

Yes that is true because there are many people who are just here to make a quick buck and run away.

They copy their posts from other places and try to get some cash going. That is a problem we as a community need to stop.

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panton (35) · 7 years ago

Steemit will be the giant of social media....

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arunava (76) · 7 years ago

We are certainly hoping for this to happen.

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infinityroad (65) · 7 years ago

I can fully agree!
The whole blockchain will have a big future and steemit will go on front with some of the major coins.

I believe in it ;)

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arunava (76) · 7 years ago

Since scalability has come up as a major problem for some Top Coins. STEEM might just get bumped up to a higher class as STEEM has no scalability issues.

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thealliance (69) · 7 years ago

This great post has been included in 📌'Notes'📓- Issue #13!
Do stop in and
show your family some love :)

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krazypoet (68) · 7 years ago

I have to say i agree also...

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Why I think STEEM has a Bright Future Ahead?

This great post has been included in 📌'Notes'📓- Issue #13! Do stop in and show your family some love :)

This great post has been included in 📌'Notes'📓- Issue #13!
Do stop in and
show your family some love :)