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RE: OpenBazaar To Launch Its Own Token Next Year "Allowing For Curation Of Content"

in #bitcoin7 years ago

I never really got into OpenBazaar for the very reason that Bitcoin seemed a bit awkward in a commerce situation, with rising transaction costs and long confirmation times.

On the other hand, I'm a big proponent of seeing an economy developed as part of the Steemit ecosystem... we have had a few attempts: @peerhub, @steemshop and most recently @steembay and I just hope one of these gains traction... we have the benefit of instant transfers and usernames that are meaningful and not just a long string of characters... these are all pluses for ecommerce.

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Yes, STEEM, as a currency, is very well fitted for a specific purpose, as opposed to Bitcoin, which trends towards being just a store of value, like gold.