As you dive deeper into the implications of cryptocurrencies, your senses open up to new layers of integration that you never realized initially. A prime example is bitcoin and its blockchain technology. In a gross oversimplification, the blockchain solves the "double-spending" problem. Through a unique mechanism, the blockchain system verifies each and every digital token and transaction.
Thus, bitcoin isn't just limited to a trading platform, although it obviously can be used as such. And it's also more than just an alternative to the dollar, although an increasing number of companies prefer its instant verification and flexibility. Rather, the blockchain could revolutionize the entire financial industry, eliminating most of the demand for third-party conduits.
In much the same way that bitcoin has the potential to dramatically alter the shape and course of finance, I believe that Steemit and the STEEM currency will revolutionize social media and the manner in which content creation is distributed. Although Steemit is an ever-developing project -- and issues are still being worked out -- the core impetus remains the community.
This is truly a free market for excellence in content creation. Through dedication and a commitment to high-quality work, Steemit can accelerate the growth curve of content makers in much the same manner that bitcoin can accelerate return on investment. As opposed to waiting for years to gain recognition in highly corporatized and sanitized distribution channels, a content creator can jump on board Steemit and gain immediate feedback.
On top of that, the STEEM currency is an astonishing rocket sled of a ride. You simply can't go wrong with this platform, which is why I'm actively recruiting people to Steemit. So Keep Calm and STEEM On!