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RE: Discussion - What are reasons investors avoid STEEM?

in #steem6 years ago

Cryptocurrency as a whole is still in its infancy and most people are just coming to grips with Bitcoin and now you throw Ethereum into the mix with this ability to create smart contracts and dApps and you’re guaranteed to be going over peoples heads! These concepts aren’t really non tech friendly and I think the same goes for steemit! While using steemit is fairly straight forward the benefit of the ecosystem to an investor who doesn’t plan on contributing with content and engaging with the community won’t see the true value of steem! It’s hard to explain the whole ecosystem because there really isn’t something you can compare it to in a traditional sense that can give an idea of how it works! Proof of brain and proof of work as the mining concept for generating value is a hard sell

If I were to try and convince someone to invest in steem id say it’s cryptocurrency with a daily function and open decentralized community supporting it and allows us to distribute media and content to independent creators! I’d say steem as one of quickest block times so they can take advantage of quick trades and it also has a dollar peg option in SBD to safe gaurd funds as well as ways to earn passive income by supporting continent creators with votes or delegation

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