RE: Is Steem the "non-technical Ethereum" rival of Bitcoin? Will Steemit be the spark that starts the rush of regular people into the cryptocurrency world?

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Is Steem the "non-technical Ethereum" rival of Bitcoin? Will Steemit be the spark that starts the rush of regular people into the cryptocurrency world?

in steemit •  9 years ago 

Well I don't think so. Ethereum has great backing (KPMG, Microsoft, several VCs ...) so they are here to stay. Steem on the other hand provides great simplicity. Anyway, cryptocurrencies are generally not competing but, as a whole, bringing more and more adoption to the masses.

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9 years ago by

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      ·  9 years ago 

    I agree that on a certain level cryptos are not competing and when one has a spike in popularity it can only help the entire cryptocurrency ecosystem by bringing in new people.

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