Steemit mentioned in great Techcrunch article about cryptocurrency adoption

in #steemit8 years ago

Steemit made a very brief appearance in a Techcrunch article about the barriers to mass Cryptocurrency adoption today: 

" The setup and switch method
Similar to the central app strategy, this method establishes a user base first, and then introduces the currency. Bitshares and its array of associated startups is a good example of this. Several networks with varying currencies — Steemit and their STEEM currency, Peerplays and their tokens, for instance — slowly built their user base and value exchange system, and now they plan to adopt a central currency with Bitshares. This allows them to create a stable base first before pooling their resources. "

To be honest, it isn't much more than a quick mention with no substance, but it is important for Steemit to at least be mentioned in these articles as an important player. 

The article is definitely worth a read, as it efficiently lays out a lot of the lingering barriers to a cryptocurrency future. Enjoy! https://techcrunch.com/2017/04/20/whats-keeping-cryptocurrencies-from-mass-adoption/