When it comes to Cryptocurrencies, they're not all the same. There are the heavy hitters like Bitcoin, Ethereum - and their permutations Bitcoin Cash and Ethereum Classic. They've got the name recognition and the massive liquidity.
We also have the second grade cryptos like Litecoin, EOS and XRP. There are a few coins that pop in and out of this level depending on what's going on in the crypto universe.
We then have an avalanche of shytecoins. There are literally thousands of them now. Unfortunately, STEEM has been classed in this massive pool of garbage.
In reality, STEEM deserves a spot at the very top of the ranks. It's hard to argue against Bitcoin, the grand daddy of crypto, but it sure has heck is hotter than Litecoin or XRP. So, at least, STEEM should be in league with the second grade coins. People should think of STEEM in the same light as Litecoin or EOS, even though I believe STEEM is superior to these two.
I once wrote a post about a whole bunch of cryptos I learnt about, I couldn't find anything new with what thy were trying to achieve that STEEM can't already do. There was one exception based around anonymity and privacy, which is quite unique in the crypto sphere. The blockchain reveals all, in terms of privacy on STEEM and other cryptos.
I laugh a little bit inside when (poor) people tell me how they've bought a whole bunch of EOS and they're doing this and that with it. Especially the super jovial folk that used to be on Steemit. For some reason, they think EOS will do the same thing STEEM did for them in those good days - pay them actual cash money in real life.
It goes without saying that not a single one of them has made a shiny penny. If anything, their EOS has since lost value. Of course, if they'd bought STEEM with the same money, at the same time, they would also have lost value. The difference is that they didn't need to buy STEEM when they were on here. They just earned it. In fact, many of them used their STEEM to purchase EOS at the time.
I keep telling my crypto friends this. There is really nothing like STEEM out there right now. Nothing. It's time for it to get the respect it deserves.
Peace and Love ✌🏿
Adé
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