Steam, Spelt STEAM, Powered First Industrial Revolution. Will Steem, spelt STEEM, Power
the Second ?
I’ve been on Steemit for 18 months. I wondered what the
thinking was behind the name?. There didn’t appear to be any logic, or
indication of a light bulb moment of inspiration, as in - ‘I’ve got it ! We’ll call it Steem
It’s not exciting, or sexy as everything has to be to
succeed these days. Not like Bitcoin, which was not just the first, but the only
one out of thousands launched that the uninitiated could have an inkling of what
it was about.
‘Well it’s a coin, innit? Says so on the tin’. But Monero ?
Ripple ? An Ice cream, perhaps ?
But the penny, err, coin, dropped for me when I read about
SMTs. Smart Media Tokens. And how Steem with it’s advanced Blockchain
technology is in pole position to sell and run SMT services for a wide variety
of applications. This potential is recognised by Steems 2nd
position in a table of Cryptocurrency
usefulness. Bitcoin at 13th !
Apps! Steem ! It’s the beginning of a revolution. The first - The Industrial Revolution - powered by Steam, and the second - The Financial and Inventions Revolution - powered by Steem, and its advanced Blockchain technology for launching SMTs Smart Media Tokens. What goes around comes around!
The Blockchain is the steam/steem engine of my day. The one
on the farm where my father worked could run a threshing machine and a cattle
feed mixer at the same time. Driven by separate pulley wheels and belts.
Steam Engine Image.British Industrial Revolution.
The Blockchain is a ‘One-man Band’. A Juggler. Able to multitask
with thousands of balls in the air at once.
According to its fans, the blockchain will:
Replace passports, land registries, voting systems
Replace contracts
Get rid of fees on financial transactions
Replace all keys: for homes, cars, hotel rooms and so on
Eliminate spam
End digital piracy of music, films and TV
Lead to self-owning self-driving cars
Lead to thousands and thousands of job losses at banks and
other bureaucracies
It
is a Trust Machine
Got to dash you can read the rest of my post on Steemit here -
Interesting Article. Hoping that you will continue posting an article having a useful information. Crypto shop
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