Such a simple concept yet so hard to understand.
@blocktrades, concerning the reason to hold Steem, I think commerce is the best reason of all. We need to get more businesses selling everyday things on Steem.
Such a simple concept yet so hard to understand.
@blocktrades, concerning the reason to hold Steem, I think commerce is the best reason of all. We need to get more businesses selling everyday things on Steem.
Yes, more business buying/selling with Steem is definitely super beneficial. That, after all, is the original design goal for cryptocurrency. But it's a tough nut to crack because it's competing against an entrenched competitor (fiat currency) and it's been an uphill battle for all cryptocurrencies to make a dent there. One of Steem's advantages over many other cryptocurrencies is that it has other reasons beside commerce for holding it.