Steem $$$
Steem $$$ are the long awaited breakthrough when it comes to crypto cash. I make this claim because it has the closest relationship to what most people identify cash with...the USD. They can conceptually translate the steem $$$ into goods and services to determine fair value. No more .00012764 = something. So steem dollars act like the stereo systems of old that had both a cassette player and CD player. It provides a bridge for the transition until the cassette fades into disuse.
Working For Steem $$$
Another breakthrough comes from the ability to earn income directly in steem $$$. No conversion required. Simply post, reply and curate and you've got steem $$$. Heck you even get it for free by simply signing up and joining the "Greatest Story Ever Told". Power down, covert steem to steem $$$ in the internal market and you're ready to buy from others in the steemit community. Let that sink in. It's powerful. A steem $$$ economy.
Steem Market Place
On the horizon is the steem marketplace where we can spend our steem $$$. The eBay replacement is coming and no middleman is required. The internal escrow system will take PayPal out of the equation as well. This is how it was meant to be.
No More 1AZizY3pRJBFgsyqDYEz9uCGmwEsDLkTxw
Gone are the days of sending money to 1AZizY3pRJBFgsyqDYEz9uCGmwEsDLkTxw (I still accept "old" bitcoins by the way - you know while we're in transition at least). Or having to scan a QR Code.
Now you simply send your steem $$$ by going to your wallet , clicking the down arrow and choosing transfer. Put their steemit id in the TO field. The amount of steem $$$ in the Amount field and anything you want in the Memo field like an invoice number or tracking number. That's as close as you can get to sending money similar to sending an email. If you want to practice then put me masterinvestor in the TO field.
Kiss goodbye having to install a wallet, buying crypto from an exchange, uploading ID, AML/KYC and 2FA.
Rumors have it that the ability to make some transactions public and some private is also in the works.
Conclusion
With super fast validation, easy earning, easy transfer without a middleman and built in privacy...we are blazing along on a revolutionary road.
Bitcoin or ethereum still have their place and will coexist quite nicely.
Some well made points. I very much agree with sending money to @name changes the game a lot, and having an account tied to a person rather than a key did as well. I had often thought the $$$ sign should be removed but your making me rethink that a little as well. Thanks for the thinking!
Thank you @masterinvestor for the support, I am putting up my introduction sometime this week and will return the favor one way or another. #steemit is changing my life as we speak
Thanks! We are the steemians.
Great post!
Thanks!
Well written and interesting point of view. I especially liked the cassette/CD player analogy :)
Your https://steemit.com/psychedelic/@uglycasanova/lsdelay-a-trippy-photosensitive-guitar-fx-pedal-from-norway is pretty trippy. Thanks for your reply.
I'm REALLY enjoying a lot of your posts right now, and unfortunately that's the last thing I should be doing with 2 finals in a few hours. I have to pull myself off of here ASAP. I'd love to shoot some questions back and forth with you about much of your content at some later point, and who knows maybe whatever knowledge I have floating around in my head can combine with yours to benefit all of us.
Thanks for the compliment. Good luck with the finals. I can be reached here
steemit.chat user masterinvestor for when you've surfaced from your workload.