RE: STEEM and BTS going Prime Time!
Yes! I'm hoping everyone here agrees with you on STEEM (otherwise not sure why they're here), but people seem genuinely more mixed on BTS. To those folks, let me offer my 2 cents:
BTS is a decentralized cryptocurrency exchange platform. Think back to @cryptographic's recent posts on exchanges - what was the one flaw each had? They were all centralized with the data stored on servers, which puts you at their mercy when they're down/hacked (see: Coinbase and Binance hacks). BTS solves this problem by using BitAssets which are still pegged to USD but which you can also convert to USD without giving up your anonymity.
It's fast. Crazy fast. As in fastest blockchain platform currently out there. And that's just BTS 2.0.
BTS adoption by merchants is starting to pick up. It's admittedly been slow but a lot of merchants are starting to see the power of BTS, which should lead to a nice market cap jump.
BTS 3.0 is coming and likely will be a dApp off EOS (fork as a last resort alternative). Most folks won't even realize it but it gives BTS infinite opportunity to scale up and speed up. There's a lot of reason to be excited.
In a further vote of confidence, some coins are moving from ETH to BTS, especially as ETH's prices has gotten battered around by all the questionable ICOs of late.
Just look at this recent chart from Medium:
...and that's why I'm continuing to buy the dips for both BTS and STEEM!
Extremely well presented! Something to link to!
I'm especially happy to see the following stated here on my blog:
So true and not to be lost on anyone, nor the fact that there is ZERO counter party risk.
There's really no comparison, or better said, there won't be once you can onboard fiat again. 🙁
BTS 3.0 will probably be a dApp on EOS, a fork wouldn't be necessary, that's the whole EOS idea I thought.
For the rest, yeah I agree with all your points!
Yup, you're right! Good catch. Fork would likely only come in if BTS didn't ultimately enter as a dApp. Will update my post!
EOS forks need approval of at least 15% of the original token holders, so I really don't expect a plethora of different EOS chains, but rather 1-3 major ecosystems, where a DEX should be an important element.
I mean, yeah it's nice to have an EOSFinex around, but a Bitshares-style BTS working as a DAO is much better I think.
Keeping in mind the fact that those 15% (and the remaining 85% for that matter) will participate in all those chains, I'm thinking the figure may be more realistically put between 10-30. 😋