Steem though I’m a huge fan and supporter is not comparable to bitcoin in this way. We have to consider the 21 million limit and no limit in steem. Again I’m a huge supporter of Steemit I’m just saying that’s not a logical comparison
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But you also have to consider we are only 15x bitcoin,
and in a decade we are only 20x bitcoin and in the future HF may even slow down the necessary inflation (which our SP protects us from) when users >1Mil, or when user> 10 Mil, and user >100 Mil, etc.
But btc has a greater problem, it's current 10% taxation of transfer makes it way more costly than Steem. This is a serious problem tht will slow down BTC growth from $20,000 to $200,000. I don't see why it won't slow it down.
A friend yesterday tried to transfer $150 and against my advise to buy ltc for faster trasaction via @blocktrades to Steem wallet. He bought BTC by default and found out the cost of transfer from the exchange to Bittrex, Poloniex, or Blocktrades will cost him just over $30 and he got turned off, and din't want to move trade it calling btc a scam in fees.
I told him to either buy more btc say $300-$400 or wait till weekend or when btc price is steady not up and down and fees are cheaper.
Fees is going to be a bigger factor for btc ongoing than just Steem being 15x more in coin when our usage will likely surpass BTC usage in less than 1-2 years time.