15 Reason Steem Will Surpass Bitcoin as #1 Cryptocurency by 2020!
Discover why Steem will replace Bitcoin as the #1 cryptocurrency by 2020. Reading this post will help each of us maximize what we contribute and therefore receive as a result of being here on Steem together? The first step most of us take is to browse the Steem blockchain with the top user interface at https://steemit.com.
Next, many of us are ready to sign up for our free account on the Steem blockchain at https://signup.steemit.com and start experiencing some of the 15 reasons below that we love Steem!
After requesting our invitation to join Steem, many of us get started and continue adding value to Steem as listed in the 15 reasons below along adding our own unique value every day!
- What truly provides value for a blockchain and a cryptocurrency? True value comes from how the people participating are able to collaborate which is the same principle defining value for companies on the stock market and fiat currencies like USD. For example, everyone that buys Apple products, uses an iPhone, is employed by Apple, invests in Apple stock, and talks about Apple adds value to the idea and company we call Apple. All the time, energy, and money I invest into Steem adds value to it alongside what millions of us are contributing from reading posts on steemit.com to watching live streams on @dlive to buying Steem and SBD on exchanges to talking about Steem with our friends and family. The more Steem helps us help each other and deepen our relationships, the more good we are doing in the world. That is why we are here together today.
- Seeing the number of transactions Steem processes every day compared to the overall value of the blockchain at http://www.blocktivity.info/ motivates many of us to start thinking about buying Steem because we can see Steem is very likely way undervalued compared to other blockchains.
- Smart Media Tokens on the Steem blockchain will soon provide new way for publishers to monetize their online content and community based on the model proven successful with Steem’s community as seen at https://smt.steem.io/.
- After surviving a 98% price drop from release through the following year, we on Steem have absolute faith in our blockchain’s ability to endure through challenging times! Board the Steem roller coaster ride at https://coinmarketcap.com/currencies/steem/
- Within just two years, we already have nearly one million accounts as seen at https://steemdb.com/accounts by @jesta and are on our way to having over 100 million accounts on Steem within the next 3 years. When we reach that many accounts, Steem will be in position to take the #1 spot.
- Facebook and Google both have banned advertising for cryptocurrencies which is making Steem the number one option for promoting an ICO using bid bots to promote posts to the top of the trending page at https://steemit.com/trending/ which is generally good for thousands of views from readers already active in the cryptocurrency world! When smart media tokens release, we are likely to see a lot of top posts promoted by ICOs on Steem. Today the trending page is already good for 10,000+ views on a quality post and continues to increase steadily every month. Paying for that many clicks to a post on Google would cost anywhere from $1,000 to $2,500 with targeting matching our audience here with no possibility to get any of that money back.
- Instead of miners needlessly wasting huge amounts of power and computing resources competing to make new blocks as on Bitcoin, witnesses on Steem are a leap forward in the evolution of producing new blocks providing a solution based on voting which saves a fantastic amount of computing resources and power making Steem one of the most environmentally friendly blockchains. View our full list of witnesses at https://steemian.info/witnesses using this tool by @drakos.
- Bloggers love posting on Steem for the instant higher ranking in Google and long term search engine optimization or SEO benefits from posting to a top 1000 or so website with steemit.com along with instant mirroring on alternative interfaces! View steemit.com's Alexa rank at https://www.alexa.com/siteinfo/steemit.com.
- Wired.com recently featured Steem in “The Social Network Doling Out Millions in Ephemeral Money” highlighting Steem being the first blockchain to also act as a social media platform at https://www.wired.com/story/the-social-network-doling-out-millions-in-ephemeral-money/. Thank you to @andrewmcmillen for getting this article published on Wired which probably reached tens of thousands of readers on wired.com and more than likely continues to bring in hundreds every day from Google and Facebook.
- Any new competitors to Steem must be ten times better to have a chance because Steem has first mover advantage for a blockchain with an integrated social network the same as Bitcoin was the first mover as a cryptocurrency. Bitcoin is number one today despite being technologically inferior to almost every other digital currency listed on https://coinmarketcap.com because it was the first. Nearly all of the competitors to Bitcoin are only a one to three fold improvement while generally to replace the #1 spot takes being 10x better. Steem is absolutely 10 times better than Bitcoin when we consider every reason listed here.
- https://dlive.io/ by @dlive gives us the first application allowing live streaming to our blockchain along with smooth video uploads without any percentage taken in author rewards!
- https://utopian.io/ by @utopian-io and @elear enables rewards for open source contributions especially on GitHub which finally allows developers building valuable projects without a built in monetization method to fund projects. In fact, Utopian is the only platform rewarding contributions to Open Source projects by utilizing a decentralized, vote-based reward system built on top of the STEEM blockchain.
- @dsound by @prc empowers musicians, podcasters, comedians, and any artist working in audio files to upload to the Steem blockchain and earn rewards without needing advertisers, publishers, or a record label at https://dsound.audio/.
- @busy.org by provides an alternative interface to steemit.com which shows us the true power of the Steem blockchain to appear on different domains all with one Steem account as seen at https://busy.org/.
- https://fundition.io by @futureshock is the world’s first decentralized crowdfunding platform using the Steem blockchain to eliminate the middleman dividing founders from backers empowering a totally free way to support projects.
I hope is helpful today for seeing the big picture of what we are creating together here and how all of our contributions are making something amazing!
As always, Upvotes and ReSteems are greatly appreciated.
Jump aboard the the runaway Steem Train,
-David
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I don't think, bitcoin is so high & steem just born
Great post! Bitcoin inability to adapt quickly will be what slows it down.