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RE: Where do you think we are now?
While Bitcoin is my favourite crypto, I can't do anything with it right now... the transaction fees are still so high. With Litecoin you can send hundreds of dollars worth for less than a dollar. Until Bitcoin solves its issues Litecoin will remain in demand.
Well, you can do so with ETH either. And Steem transaction beat any other altcoin. 3 seconds and no fee, that dominates
BTW Steem has the most transaction per day among all cryptos.