Obviously I am pro cryptocurrency. Those bitcoins and litecoins, all awesome. As we have seen, when bitcoin goes up, because the other coins are pegged to it, the price of most coins go up as well. And when any coin does well, it brings attention to the crypto market. So we are all (pretty much) on the same team here not matter what the FUDers like to say. But steem has a perk that it actively utilizes, one that you get without spending the coin and one that is very useful in a world where the attention economy is taking over.
Yes cryptocurrency is a better financial system. With transactions being verified it makes things cheaper and more efficient. And steem, as you have seen, costs nothing to send and it sends really fast. So that alone, makes the coin worth value. But, unlike other coins, steem gives you voting power. The more of it you have, the more voting power you have. All you have to do is hold it and you get this voting power. What is the money in your bank or wallet doing for you :p. Advertisers pay good money to get their work seen and you can get it for free when you have steem in your wallet.
We are living in a world where attention is big business. Almost everyone spends, at least, some of their free time streaming or gaming or on social media and every company wants to get people on their network. And every content creators wants people to see their stuff. With steem, in addition to being a currency, you can use it to promote yourself and your content. This leads to people wanting to buy and hold the coin.
Having a perk like this gives the coin a leg up and makes it more valuable to investors.
What do you think?
