Are we prepared?

The bottleneck for Steem last bull run was account creation; people sometimes waiting many months to get an account.

If we look at EOS, they have a similar problem in that app developers were having a hard time getting the resources they need and moved to markets like Chintai which have helped. Chintai is a token leasing platform that allows EOS hodlers to lease their tokens in exchange for passive income.

Now, incoming is REX (https://github.com/EOSIO/eosio.contracts/releases), which takes the ability to lease to the next level by allowing EOS hodlers to lease the resources their tokens provide without actually have to lease the token itself. This creates improved resource liquidity and provides extra passive income for token holders.

Now, let's look at Steem. The bottleneck was account creation. The solution I have in mind is building our REX on Steem, where token holders can lease their RC's (resource credits) to apps creating a nice liquid resource market. Also, an improvement to the wallet that allows for easy new account creation via RC's, showing the number of RCs you have available AND what you are allowed to do with them.

I believe no resource credits should ever go to waste. RC's refill and can be consistently used to create new Steem accounts. We should be creating as many new accounts as possible, so we're ready for the next big bull run. Every new account matters and if we make it easy for Steemians, big & small (even if the Steemian has just enough extra RCs to create a free account each week) that is better than nothing.