steem blockchain is good, no need to do mining. steem is using dpos (delegated proof of stake) instead of pow (proof of work) that bitcoin is using. As such there is no need to do any mining, saving electricity. The elected witnesses will have their servers run in secret locations throughout the globe. Moreover steem 's transaction spees is way faster than bitcoin. I think steem will be more acceptable to daily transactions while we do not forget about bitcoin because it cannot fall at this moment of time. Reason is there are still many people who do not know of cryptocurrencies and the only thing they hear is bitcoin is a scam. The minute that they hear bitcoin falls it would not be such a good PR for the cryptocurrency world. (This is in my opinion). So it is like to exist with the first cryptocurrency. Co-living together.