I saw an amazing post today that showed tons of data about crypto and the macroeconomics of the world like this chart.
I also listened to a great podcast recently by Naval that talked about cryptos and the economics of how the world will inevitably shift to some sort of blockchain implementation. Simply because this technology is far superior to our current models.
What isn't mentioned much is why Steem is poised to grow more than any other crypto. I believe that the fundamental technology that drives Steem is what makes it so much more valuable than any other crypto. Here are a few of those fundamentals:
- Scalability & Activity of the Chain
- History and Social Proof
- Apps and Ecosystem
These 3 reasons are my top 3 for why I think Steem is superior to other cryptocurrencies. Steem is the most used blockchain out there and there is no doubt that it's scalability far outmatches that of Ethereum and Bitcoin... Combined.
The history of Steem has been of many quarrels, but much progress. We have seen Steem bloom into the ecosystem it is now and while it may not be perfect, it still serves as one of the widest opportunities for all. I think anyone can thrive on Steem, should they learn the mechanics of the ecosystem and how to use it.
The apps on Steem are no joke. Steem Monsters has been my latest obsession and while it's not a full-blown app, you can see it's potential to become one and how it is already capable of leveraging the immutable nature of the ledger to create cards with unique IDs.
I think it is not a question of if, but when this ecosystem called Steem comes to center stage and catches the eyes of the elite.