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RE: Did Bitshares Just Help Create "Perfect Money"????
I heard @stan talk about it on several occasions and I do believe in the Larimer family.
My only issue is, that the whole bitshares universe seems still to be too complicated for the average crypto joe. I always wonder, why something as genius as bitshares and the whole smart currency system has not taken off over the past years. Maybe it's just the marketing part and explaining to people how bitshares works that is missing. I really would love to use it more - especially the DEX - but they didn't manage to gain enough volume like most exchanges, to make it a reasonable option.
Pricing action is a funny thing. I think the fact these blockchains havent taken off is simply the fact the MSM is still determining, to a large degree, where the money goes. BTC got out first in the name recognition and kind of pulled LTC along with it. ETH got a lot of publicity last year because of the ICOs. Now Ripple, because of the ties to banking, is the golden child (or at least was before the pullback).
STEEM and BTS will get their due. It might take some time. It is more important to see what is being developed as opposed to get the recognition and see the prices soaring. That is death if the system cannot handle it.
STEEM, as an example, is a great blockchain but not without its challenges. There is more work to be done.
Makes sense... I know, that I need to practice patience... in some cases it's hard for me, because I can already see such a huge potential, and sometimes it seems, as if I'm the only one. Well, here I'm in good company 😀
Patience sucks...I agree with that...
Well at least a lack of it which is the area I often fall into.
Nevertheless, that is my outlook. Lots of good things happening and sooner or later, the price action will catch up.
https://qph.fs.quoracdn.net/main-qimg-5448df8ca9bd08ef51b4ec7a9244b03b.webp