This is ground breaking and is possibly the beginning of a reserve currency that could one day rival existing state backed currencies. If the whole ecosystem never has to convert out of steem or steem dollars this will introduce a new paradigm in the world. Bitshares will also be helped because it could eventually introduce a new way of voting. A way of voting eliminating corruption and possibly vote rigging.
What type of marketplace can Steemit introduce:
- Renting places for short term or long term rentals (think Craigslist or Airbnb)
- Buying houses or other forms of real estate (think MLS or Zillow)
- Financial services: think mutual funds, private equity funds, bonds, loans etc (think banking and investing)
- Goods and services: think geotargetted bicycles, tvs, etc or haircuts and car washing (think Walmart)
- Wholesale goods (think Costco)
- Commodities (think Alibaba, or the CME)
This system is revolutarionary and could start the global revolution of peace, goodwill and liberty