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RE: Dash's Killer App: A Focused Commitment To Simplicity
2 points:
- Dash's biggest advantage is its marketing. Which other cryptocurrency has so many youtube videos on explaining how it works, updates, interviews, etc.? And I think that is the right way to approach this topic if you want to make it accessible to new members. I don't think the 'best' cryptocurrency will win. In the real world, nobody win because he/she has the best and most efficient system. A large part will always be the brand.
- There is a huge dependence on evolution, if the team doesn't deliver, Dash will have a major setback.
Absolutely agree!
History showed this already with eg VCR vs Betamax. CD vs DAT. Chrome vs Firefox. PC/Windows vs Apple.
You guys have a point, I have been leaning towards that Graphine/Steem is better technology and therefore will win in the long run (unless something every better comes along). On the other side I have been thinking about the VCR & Betamax storyand thought could DASH be the winner? The reality is that no one have the answer to what will happen in the future.
Steem is already a better currency then Dash, plus Steem is a kind of social media.
I think that changes are that DASH will be hyped and maybe even win over Bitcoin and then people will realize that Steem is better and go there. Its kind of like this: First people come to Bitcoin, then Dash then Steem... or they come to Steem first and then discovers cryptocurrency after that.
Assume Steem will stay Social Network for a considerable time, then Steem will probably the way in into Crypto. For coins to become big, it needs to be a payment coin, or at least as main focus. Payment coins require integration with all payment system,s or at least i those that create the economy for the coin, and it needs to focus (almost) 100% on making user experience as a payment coin super simpel. Steem is not doing this at this point in time. Former ShadowCoin, and now Particl is working on this more than Steem is, they want to bring a MarketPlace with their own Coin, but allow all other coins to be used as well whilst all the exchanging of coins will be done under the hood. How it'll work in practise, is the question, but when they can get it right, their coin is more geared to a payment coin than Steem is. Regarding Dash, no idea what they can come up with to make Dash a payment coin, if they can think of something, they may make it, if if not, other will and they will become the dominate coins. There will be multiple coins in the world of payment in the future, but I do not believe there will be that many being dominant. With 400, 600, 800 or whatever amount of coins out their in the market, many of them will either die, or will play some niche role in something, could even be in the area of loyalty coins, or local community coins (like Bristol pounds, or Vegas Dollar).
Steem is simple to use.
Yes and No. The Service itself, kind of yes although it lakes help pages, knowledge pages, split of Steemit talk/discussion and other topics, notice board, discussion boards, and so on, complex parameters and to many (Steem Dollar, Steem, Steem Power, SP, VEST). But indeed, the core service is relatively simple, although the editor is to nerdy, can become way more simple. Transferring funds to Euro, super super not user friendly. It start already with the requirement to convert in Bitcoin, and only than it can go to Euro. But that last bit is quite complex.
@edje, girls like @heiditravels and @sweetsssj can use steemit, so can most people... I agree there is a learning curve.
About the translation into fiat, its the same with DASH!