Everyone probably heard of bitcoin. It is the first and main cryptocurrency that appears in the market. It has the largest market capitalization among all cryptocurrencies, and the largest volume of daily trade. The next competitor (Ethereum) has only about 10% of the Bitcoin market capitalization.

Many people have invested in bitcoin, as it is the most widespread and popular cryptocurrency at this time. It is even seen as a safe haven for investors, to guard against fiat monetary inflation. And, undoubtedly, Bitcoin has given many of the first users the opportunity to tell a story of poverty.

However, in this article I will challenge the idea that Bitcoin will be the # 1 cryptocurrency forever. I'll also explain the reasons why Steem has a good chance of beating Bitcoin in a few years.

1. Most of the things that Bitcoin is designed to do can be achieved through Steem, and Steem improves them.###

Bitcoin is a very basic blockchain technology. Many altcoins have been made to try to improve Bitcoin, but most of them simply end up fleeing, it becomes a bomb and dump scheme, or it's just a brazen copy of bitcoin, except for a few parameters.

Steem has all the main functions of bitcoin: a decentralized payment network without trust. But better.

Steem is designed so that everyone participates in a community. With Bitcoin you can literally live under a rock, but with Steem, you are actively contributing to the community.

I will talk more about the merits of Steem compared to Bitcoin in the points below.

2 . Steem is still young and you have more potential to grow.

Steem has only been active for 2-3 months, and there are only currently 50,000 users in total compared to the 8.5 million users on blockchain.info alone. This leaves us a lot of room to grow. And with only 50,000 users in total, we are already number 3 on the cryptocurrency market capitalization list.

It is also a bit like silver and gold. Steem is extremely undervalued at this point in my opinion, just as silver is undervalued to gold. In addition, silver has real tangible industrial demands and current uses, while gold is pure speculation.

Google searches for Steem and Steemit are increasing, even though the value of 1 STEEM has failed due to dilution; while bitcoin searches are based exclusively on the price of the same. This shows that Steem has an intrinsic value and has real-life applications such as technology, social networks and monetary system, while Bitcoin is pure speculation.

3. Steem is distributed more evenly and manipulated less easily.

This may seem crazy to some of you, but in reality the whales are not so bad after all. Actually they do everything good, by raising the quality of the content. Their biggest job is to heal, as it benefits both the Steem community and themselves through curatorial rewards. They are the ones that make newbies get more Steempower themselves, and it becomes dolphins.

Bitcoin however, is purely for the people who mined when it was 1 cent per coin. The people who were pioneers will never add new valuable things to the community as they do in Steem: they simply become richer and richer from their existing hiding place, and thus the gap between rich and poor opens up.

In addition, a person can manipulate the bitcoin market if he has only a few million dollars in bitcoins. However, the Steem whales can not really do that. Because what they have is Steempower, and in the worst case, they can only throw 1/104 of their Steempower hideout in a week, or 1/728 in a day. That is not much, taking into account that the trading volume is consistently higher than 300 BTC a day only in Poloniex.

4. The Steem platform is designed for stability and daily commerce.

Bitcoin does not really offer any stability, and encourages hoarding instead of actively spending the currency in exchange for goods. Therefore, many people consider Bitcoin as an asset, rather than a real currency.

However, with Steemdollars within the Steem platform, this problem is solved. Now people can have a currency without trust, decentralized but stable, which they know will not fluctuate like a bitcoin on a regular basis. And so a real market is formed with Steem: people start buying and selling goods in exchange for Steemdollars.

And with the constant dilution of Steem, people are encouraged to turn on instead of monopolizing their Steem and speculating.

5. Everyone can get involved in Steem and earn some themselves, without an investment.

This means that everyone can participate in it. Not only rich people. Everyone who has access to the internet can try Steem and see how it works. Without risk, without conditions. It is as simple as that: people have the possibility to experiment with the network before deciding on them, they would like to assume it or not, and thus have a greater possibility of attracting more users and getting more value in the system.

6. Steem interests you!

One of the most important parts of a decentralized banking system that works is knowing that you will be rewarded for keeping the tokens. Steem offers interest in both Steemdollars and Steempower. Bitcoin obviously not, and would like to grow their bitcoins, then I would have to lend it to an interested party, through a mediator like Loanbase. Not so decentralized after all, huh?

7. Bitcoin has negative associations; Steem no.

Bitcoin has been associated with many negative things and will continue to be associated with negative things in the future. From illicit drugs to child pornography, you can literally get anything from the dark web, which practically only accepts Bitcoin as a payment method. I support the freedom of choice and a free market, however, for many average citizens, they think that bitcoin is immoral simply because of dark network associations. My friends in particular stay away from Bitcoin for this reason, thinking that the police will track them.

Steem can solve this problem and erase the image of a medicine poster in front of cryptocurrencies.

8. More women are joining Steem than any other cryptocurrency.

An interesting point to raise is that if you look at the pages of trends, in many cases, women are being paid as well as men. Women are also intensifying and constantly contributing to the community and collecting their contributions. This is also because Steem is relevant to them as social networks and easier to understand than other cryptocurrencies, which I will cover later.

Obviously, there is still an inevitable inequality, but I believe that in the future, when Steem becomes the mainstream, there will be an almost perfect balance between male and female rewards.

9. The founders of Steem are publicly known.

@ned and @dan are publicly identified as the founders of Steem. They are not covered by a pseudonym like Satoshi Nakamoto, the founder of bitcoin.

Once again, the general public does not feel comfortable trusting a person who is completely anonymous, and who has 1 million 15 million coins in existence. I can ruin his own invention if he wanted to throw all his cache of bitcoins.

Having active founders also means that we get more technical support, and the community works better in general.

10. Steem is easy to understand.

Steemit does a great job to bring Steem technology to life. Unlike other cryptocurrencies, Steem is surprisingly easy to understand, unlike the number of women who have a little money.

As I said in my previous publications, understand that Steem only took me personally a few hours to understand. And I could explain it very well to my friends immediately after knowing what it really was.

conclusion

I'm very excited about Steem. I think it will be a matter of time before Steem outperforms Bitcoin as cryptocurrency number 1, simply because it has a more intrinsic value and value.

But for that to happen, we will have more people who know about this incredible technology. What you can do to help make this happen faster is: ##

1. Tell your friends and family about Steem.
2. Do not just tell them, explain how it works.
3. Keep participating in the Steem community. Your voice is worth something, and adds value to the community as well.
4. Send good content, so they can be noticed and, in turn, generate more interest in Steem.

I believe in a better and better future through Steem.