Community post
Bitcoin Vs Ethereum Vs SteemIt ! - 2016 CryptoWar
So after all the hype on Bitcoin, crazy news on Ethereum, Pheonomenal day for SteemIt, How do you see the future of top 3 (that is right, SteemIt crossed ripple already) Cryptocurrency competing together or against each other.
I see this in the long run.
What do you think ?
Replies (7)
I won't get into detail but the way I see it now is:
Bitcoin = Decentralized currency = cya banks or less relevant
Ethereum = Decentralized apps/contracts = cya lawyers or less relevant, need software programmers to verify contracts instead
Burst/Siacoin/Maidsafe etc = Decentralized encrypted Storage
Steem = content/social media whatever you wanna call it
I see bitcoin as the original crypto, a store of value but nothing much more. Ethereum as a platform that long term looks amazing but short term has limited use cases. And I see Steemit as one of the first revolutionary 'killerapps' based on blockchain technology.
Bitcoin is most secure blockchain at this moment
I am not sure about the "killerapps". seems like bar is getting raised though ;)
secure but less feature !
i think steem will prove to be more than just that
I upvoted you.