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RE: Bitcoin Is Here To Stay! Steem To Change The World!

in #steem7 years ago

Great post @steembusiness.

I agree with you. Many seem to think that BTC will wither away and die. It will not. It is going to be an active blockchain although perhaps not one of the leading ones. I have faith the developers on there will figure things out to a degree. They will increase the speed and the costs will come down.

That said, there is no contest. Like I wrote yesterday, STEEM is in the lead out of the gate and could well lap most of the field. The speed that bitcoin might get to will never rival STEEM....now will it ever be free to send a transaction.

STEEM's biggest asset right now, aside from the community, is that it is a utility token...people get paid for using the blockchain. This is the model going forward for tokens.

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I´m convinced that Bitcoin will soon see the lightning network being implemented so that transaction costs will only be a fraction of what they are today. Bitcoin has been called dead many times already but it always survived. It´s as well not as easy as many think to run such a huge project. You can´t simply change everything without proper consensus and testing as doing so would most likely crash everything...

Anyways, I´ll keep stacking Steem and will further power up my account as I see a long term future for this Blockchain. It´s a sleeping giant if you ask me :)