RE: Would you take 55,000 STEEM or 1 BTC?

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RE: Would you take 55,000 STEEM or 1 BTC?

tarazkp in #steem • 5 years ago

Larger upside potential, while I see very little upside on BTC (personal opinion).

Nowhere near that of Steem at the moment. If BTC goes 10x it has gone 3x over its ATH. For Steem, it is 20% of the ATH. Bu.... I am biased :)

STEEM gives me MUCH MORE OPTIONS (power up, create income in voting, delegate, support causes), while as BTC is just another token. STEEM tokens can MEAN so much more than just a statement of value.

This is what I see as the future of crypto, the actions that they can be used for to make life more interesting. Cold wallet storage isn't interesting.

5 years ago in #steem by tarazkp

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deepwaters 5 years ago

I use the noun adverb token very selectively here.

token

LINK
noun

a thing serving as a visible or tangible representation of a fact, quality, feeling, etc.

Tokens are created to convey something. In commerce, tokens convey a consideration in an exchange. Tokens on their own, are useless. They are only useful when are linked to what they are conveying. In this case, proof of mind.
The only value I see in BTC is speculation. I don't like speculating with Capital.

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tarazkp 5 years ago

I agree that at least for now, the only real value of BTC is speculation - the same for most coins. I am hoping that many more utility points arrive for Steem so that it becomes useful across a spectrum that empowers many users to interact with the blockchain in many ways.

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deepwaters 5 years ago

I am hoping that many more utility points arrive for Steem

I as well. See you around.

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