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RE: 25 Reasons Steem Will Replace Bitcoin as #1 Cryptocurrency by 2021!

in #dlive7 years ago

"Usability is not enough to make steem better than Bitcoin. Water is even more useful than all things you are talking here but it's abundant. SCARCITY is what you have forgotten here and I know that you keep doing videos from at least a year ago so that makes me thinking even for your integrity..."

Excellent point and analogy. The whole crypto space often appears to ignore this economic fundamental. Deflationary projects are the dark horses who may win in the end. (Bitcoin is one that is deflationary, thanks to lost coins and strict cap.)

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