@cryptobobby: I really really don't understand why so few people talk about some glaringly obvious facts of the crypto world.
Bitcoin doesn't have time to fix its massive gaping ridiculous issues.
Dash is technologically superior, was able to upgrade its block capacity without forking and has organization, budget and proven efficacy behind it with real-world use cases.
Ethereum has similar problems to Bitcoin but at least for now has much better transaction fees and times.
As for Steem? Are you kidding me? Steem is already doing everything Bitcoin is still struggling to fork enough to achieve. Instant transaction times, ZERO transaction fees and -- let's not forget -- has achieved 1 MILLION TRANSACTIONS IN 24 HOURS. At 1% CAPACITY.
One. Million. Transactions. In 24 Hours.
That's 100 thousand transactions in 2.4 hours. That's ten thousand transactions in 0.24 hours (aka 14.4 minutes). That's a thousand transactions in 1.44 minutes (1 minute, 26 seconds).
That's 694 transactions per minute. That's approximately 11 transactions per second. At 1% capacity.
Bitcoin by comparison at maximum is, barring the Lightning side-chain solution (which comes with its own centralization issues), be able to do AT BEST 7 transactions per second. That's maximum capacity.
Compare that with Steem doing 11 transactions per second at 1%.
TL;DR - Bitcoin is legacy tech. Other coins are very rapidly overtaking it in capability, practicality and functionality, none more so than Steem.
Great post, now just wait till EOS is released.