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RE: Why I believe Ethereum and its tokens are way too overvalued compared to Steem
It due to btc unable to scale. https://steemit.com/bitcoin/@sames/here-are-all-the-plans-bitcoin-plans-to-scale-without-increasing-block-size
As you see core will support these ideas but exchanges will refuse to use them. Bitcoin had a future but it has fallen but steemit was scale able from the start. While i still believe in bitcoin i been moving to others coins such as steem :)