Benefits of STEEM Over Bitcoin by macbaren

steem · @macbaren · Oct 6 '17

$4.15

Benefits of STEEM Over Bitcoin

![steeeeeem.png](https://steemitimages.com/DQmQ1JWvWbeFJHQNtRGS2gGiHwL7MWcdZjUvBxnFpbBBzv6/steeeeeem.png)

The cryptocurrency revolution is still in the infancy stages. While cryptocurrencies present investors with the opportunity to unlock great fortunes, some also lose out. There are hundreds of cryptocurrencies out there, but Bitcoin is currently the 800 pound gorilla. Even so, we shall narrow down our comparison to two that include STEEM and Bitcoin. Below we find out why STEEM is a better investment compared to Bitcoin.

Possibly the greatest benefit of STEEM over Bitcoin is the fact that there is absolutely no need to invest in costly hardware for mining Steem. To mine Steem, you simply mine and vote on content available on the Steam apps such as Steemit. Here are additional benefits of Steem over Bitcoin.

<b>Speed</b> 

A Bitcoin block will typically take at least ten minutes to solve. In some situations, you might be forced to wait for a longer period for transactions to be cleared and confirmed. Steem in contrast, is almost nstantaneous.

<b>Scalability</b>

When it comes to scalability, Bitcoin can only handle a maximum of seven transactions every second, which is a matter that is causing conflict within the community. On the other hand, Steam is capable of handling thousands of transactions every second. If you would like to diversify in your crypto investments, then STEEM is a worthwhile option.

👍 minnowbooster, macbaren, bssman, originalworks, jackandcoke, hashclouds, hadro, neot, mrrifat1, swatcat, benilda, filobeatmaker, oxoxo, buildteampot, mentionator, nojo121, buildteam, kostronor, arunavabiswas, flexcougar, w-inv, welcomebot, nrg, steempact, upgoat, me-do, coffeedrinker51, steemposter, changeangels, metinyolcu, upbloke, upcroak, robofox, traderwhale, badham, raycoms

`post_id`	14,649,424
`author`	macbaren
`permlink`	benefits-of-steem-over-bitcoin
`category`	steem
`json_metadata`	"{"app": "steemit/0.1", "format": "markdown", "image": ["https://steemitimages.com/DQmQ1JWvWbeFJHQNtRGS2gGiHwL7MWcdZjUvBxnFpbBBzv6/steeeeeem.png"], "tags": ["steem", "cryptocurrency", "steemit", "crypto", "altcoin"]}"
`created`	2017-10-06 16:17:21
`last_update`	2017-10-06 16:17:21
`depth`	0
`children`	3
`net_rshares`	1,663,864,499,152
`last_payout`	2017-10-13 16:17:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	3.315 SBD
`curator_payout_value`	0.830 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	1,431
`author_reputation`	9,948,962,130,443
`root_title`	"Benefits of STEEM Over Bitcoin"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (36)

voter	rshares	pct
flexcougar	395,125,693	2.5%
macbaren	56,698,338,076	100%
me-do	269,622,527	1%
nrg	328,600,825	1%
kostronor	455,120,311	2.5%
welcomebot	338,883,909	2.5%
nojo121	465,641,197	2.5%
robofox	93,143,943	2.5%
steempact	296,718,787	2.5%
changeangels	232,239,333	2.5%
mrrifat1	956,806,965	100%
coffeedrinker51	235,849,165	2.5%
traderwhale	90,555,283	2.5%
minnowbooster	1,583,309,807,400	2.5%
upgoat	288,515,155	2.5%
buildteam	456,456,685	2.5%
upbloke	119,593,431	2.5%
upcroak	119,531,506	2.5%
oxoxo	575,081,471	100%
filobeatmaker	602,176,859	100%
w-inv	392,896,164	2.5%
originalworks	3,203,104,070	1%
hashclouds	1,712,301,705	100%
jackandcoke	2,229,542,459	100%
badham	84,497,732	2.5%
steemposter	235,336,105	2.5%
buildteampot	466,953,882	2.5%
mentionator	466,952,897	2.5%
neot	1,120,699,359	100%
bssman	4,282,158,282	100%
raycoms	78,405,988	2.5%
swatcat	786,364,346	100%
benilda	731,000,061	100%
metinyolcu	144,869,593	100%
hadro	1,160,585,873	100%
arunavabiswas	441,022,115	100%

@hennessy · Oct 6 '17

the benefits are great but what is the reason that steem price does not increase?

👍 hennessy, bitcoinwolf, kamar-taj

`post_id`	14,652,268
`author`	hennessy
`permlink`	re-macbaren-benefits-of-steem-over-bitcoin-20171006t174710347z
`category`	steem
`json_metadata`	"{"app": "steemit/0.1", "tags": ["steem"]}"
`created`	2017-10-06 17:47:30
`last_update`	2017-10-06 17:47:30
`depth`	1
`children`	0
`net_rshares`	2,802,829,654
`last_payout`	2017-10-13 17:47:30
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	81
`author_reputation`	4,190,079,105,786
`root_title`	"Benefits of STEEM Over Bitcoin"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (3)

voter	rshares	pct
hennessy	1,743,235,174	100%
bitcoinwolf	560,536,865	100%
kamar-taj	499,057,615	100%

@minnowbooster · Oct 12 '17

@minnowbooster upvoted this post!

![Calling @originalworks :)](http://minnowshares.net/upgoat/?user=macbaren&receiver=macbaren&value=4.44&hash=263)
*<sub>img credz: pixabay.com</sub>*
*Nice, you got a 2.5% @minnowbooster upgoat, thanks to @macbaren*
*Want a boost? [Minnowbooster's](https://steemit.com/minnowbooster/@minnowbooster/6rt2mn-introducing-minnowbooster-beta) got your back!*

👍 kostronor

`post_id`	15,172,528
`author`	minnowbooster
`permlink`	comment-1507843245151
`category`	steem
`json_metadata`	{}
`created`	2017-10-12 21:20:45
`last_update`	2017-10-12 21:20:45
`depth`	1
`children`	1
`net_rshares`	0
`last_payout`	2017-10-19 21:20:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	358
`author_reputation`	230,261,973,332,657
`root_title`	"Benefits of STEEM Over Bitcoin"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
kostronor	0 B		0	10%

@originalworks · Oct 12 '17

originalworks

The @OriginalWorks bot has determined this post by @macbaren to be original material and upvoted it! 
<center>![ezgif.com-resize.gif](https://steemitimages.com/DQmaBi37A5oTnQ9NBLH8YU4jpvhhmFauyvgg3YRrEJwskM9/ezgif.com-resize.gif)</center> 

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message! 
### To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!<h3>
For more information, [Click Here!](https://steemit.com/writing/@originalworks/originalworks-bot-explanation-and-info)
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!

properties (22)

`post_id`	15,172,609
`author`	originalworks
`permlink`	re-comment-1507843245151-20171012t212208
`category`	steem
`json_metadata`	"{"app": "pysteem/0.5.4"}"
`created`	2017-10-12 21:22:09
`last_update`	2017-10-12 21:22:09
`depth`	2
`children`	0
`net_rshares`	0
`last_payout`	2017-10-19 21:22:09
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	732
`author_reputation`	79,229,860,066,508
`root_title`	"Benefits of STEEM Over Bitcoin"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000