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RE: I just made the first ever Coffee payment with Steem. Wow, I'm the Laszlo of Steem!

in #steemit8 years ago

Wow, I'm the Laszlo of Steem!

I disagree with you. Laszlo symbolized two things for bitcoin...
a. First use of bitcoin against tangible goods.
b. A symbol of loss for spending bitcoin in the long term.

Point a applies to you in terms of steem. But, point b wont. Because, there is a fine difference between bitcoin & steem. Bitcoin is crypto-asset, because it has limited supply, whereas Steem is a crypto-currency, because of its unlimited supply.

Please note that, Steem is better than bitcoin when it comes to be used as a stable store of value. Bitcoin has no equivalent to dollar, whereas Steem's current value can be stored as Steem dollar.

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You're right. Laszlo has done something incredible. When he spend his Bitcoin it was for most of the people "magic internet money". Thanks for giving this good explanation about the difference between Bitcoin and Steem. I never read this somewhere else before. Please explain this difference between a crypto-asset and a crypto-currency in a special post on Steemit. Because we should get used to the fact, that Steem or Steemdollars will used in the future widely as a currency. I follow you now.