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RE: The Cryptocurrency Revolution is Simply a Revolutionary Way to Acquire the Old Currency
Many of the alt coins were designed from the beginning as a payment mechanism. And many are pumping.
STEEM was not designed as a payment mechanism. And there seems to be little to no effort focused on turning it into a payment mechanism. So no reason for you to focus on a topic that STEEM will never solve.
STEEM seems to be special purpose coin, focused on social media. If you don't like that specialized niche, don't hold STEEM.
I know for a fact that ned, at least at some point, had a vision of STEEM as a global payment mechanism. I don't know about his stance now.
To be a "global payment mechanism" a coin must be sort of "price stable" .
My hope was that SBD could do the trick, but it obviously didn't .
No, money came first! Steemit is the idea of having a paying facebook I guess. It was not about a better one, it was about earning.
https://steemit.com/self-voting/@johano/that-s-why-we-need-a-self-voting-option