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RE: Digital Kitties on Steem? How would the Steem blockchain handle 700,000 transactions per day?
I believe it's more like showing off how much money they are able to spend type of thing. The same as buying expensive watches, expensive purses etc. Some people just like to spend money on expensive stuff, including strange, digital kittens :P
Well then @valth, let's begin a new coin, with a limited coin supply of 1000 units, no digits, and to purchase through ICO at one million USD per unit. Let's call it ELITIST.
What do you say?
edit- no whitepaper or use case necessary. only bragging rights