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RE: WEEK2 OF STEEMJET-ART CONTEST(20SBD CONTEST SPONSORED BY @MBJ TO HUNT TALENTS AND HELP STEEMJET ACHIEVE ITS GOAL OF GLOBAL STEEM ADOPTION)

in #steemjetcontests7 years ago (edited)

My entry

IMPORTANT AND BENEFITS IF STEEM IS ADOPTED AS PAYMENT METHOD IN MARKET

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first u need to know what is STEEM
STEEM Is a blockchain data base that supports community and social interaction with cryptocurrency

#(1) cashless Society : Less robbery – the percentage of bank robberies in Sweden dropped from 110 in 2008 down to 16 in 2011 due to the fact that most Swedish banks don’t have cash anymore. The elimination of actual cash might even reduce black money and crimes such as money laundering.
And Convenience – going out of your way to pay bills won’t happen anymore if you have a mobile wallet.

#(2) Steem it encourage exchange free of regularly meddling and promote what is referred to as low cost banking because it can be done as long as the person has ass to a cellphone (lowers fees) there aren't usually transaction fees for STEEM exchange because the miners are compensated by the network

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Please can you give reference to your first point thank you.

Entry validated. Good luck.

Thanks boss 💯