Transactions
Steemit doesn’t have any transactional fees whatsoever. It is the first platform that actually have done it.
Steemit is a fascinating marketing platform. Almost all of the posts are appearing in the top search queries. That is really important because the more content is released on Steemit, the more people are going to notice it in the Google.
Thanks for your input @nonnewtonian. What if I want to introduce it to a street vendor and say he can do business without using cash? What do you think is the best possible course of action?
I am not quite sure, because as a street vendor he relies on foot traffic for in person transactions. Steemit is still new, and odds are the people he/she interacts with do not have it yet so he still relies on their physical cash.
Perhaps they can use it as some type of as advertisement medium. He can also use it to send money to his family free of fees.
That's an interesting idea you have there, I'd like to see where it goes.
I can see what you mean. It's going to be hard for the vendor to require STEEM as payment but he can make it as an option, I guess. I will try it here as an experiment.