RE: Showcase Sunday: Krypto Kids

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RE: Showcase Sunday: Krypto Kids

edje in OCD • 5 years ago

I do agree the gain in value in crypto will likely be much higher than any traditional investment. Question is: Which coins will do good and which coins will end up worth nothing. My reality is that most of the coins around today will end up without any value. Amongst them maybe even some of the top coins of today.

With the concept of crowdfunding, everybody is able to invest small amounts in companies. I'm talking about those crowdfunding platforms offering convertible loans or equity. With 10 dollars one can already participate; At least on some of those platforms.

5 years ago in OCD by edje

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tarazkp 5 years ago

Which coins will do good and which coins will end up worth nothing.

Ye age old question :)

I think you are right, most will die. The ones that will survive are those which have some use case and a community willing to use them. Which is why I think Steem has legs.

I actually thnik crowdfunding is going to be a very strong usecase on Steem, especially through delegations and voting for shares. So will microloans. Lots of little economic possibilities that just need a large enough user base to get off the ground

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edje 5 years ago

Steem has a lot to offer; We need strong marketing though; Not only to the public, but also to businesses. I think Steem would do very well when some FIAT money is thrown at developing services and bringing these to the market in business like ways.

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tarazkp 5 years ago

Yep, definitely. I think that it will be easier once the community focus for earning from the steeminflation pool is moved to SMTs instead. That way, Steem becomes a haven for developers to build upon all kinds of things.

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edje 5 years ago

I think we need to remove Steem distribution based on voting for the communities to work; Otherwise focus will still be predominately on earning Steem.

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tarazkp 5 years ago

Very likely. But the idea upsets many. Eventually though it will be, invest into holding steem or don't.

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