Interesting and cool idea to learn. But it will be even more interesting to see all this happening inside the Stech Blockchain, where Steem will ignite altcoin. I guess we just have to wait to see the results, right? :)

A foreign currency reserve . I believe that would make us more attractive to institutional investors .

Thanks For sharing 

Please upvote me

We already have a pretty good currency exchange just for SBD and Steem at the moment.

As steem begins to grow and draw in more users it would be pretty cool to see if we had a market trading many cryptos right here on steem with wallets that can take any currency.

One day we will have a platform with millions of users and steemit will be many peoples first stepping stones into the crypto world so it would definitely be easier if we had everything integrated into the steem blockchain.

We may have a day when we have SBTC @kevinwong! :)

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Very amazing your article, I really like your article @kevinwong

awesome post @kevinwong , very useful for me and fo all steemian all over the world.

Interesting and cool idea to say the least. But it would be even more interesting to actually see all this happening within the Steem Blockchain, where Steem will power up the altcoins. I guess we just have to wait to see the outcome, right? :)

This will make sense too doing that and powering up the whole system

That is a very interesting concept if people could do that.   I will have to think a lot more about that.

very unique idea you got there!

I may have totally misunderstood but won't this kind of make Steem worthless?

*With Steemit rising up the Alexa rankings, it is good sign that the Steem blockchain is ahead of the pack and it will make sense to consider developing a secure multicurrency wallet of some sort.*

Music to my ears! I know that we have been seeing a down trend in steem value, but I have a good feeling about the next few months. This post encouraged me. Thanks. Have a great day!

So basically one of your point being, we powered up using other alts?

I understand just a small fraction of this but even then, it makes no real sense to me because the currency is just locked up and not exchanged. It means, you have to create an equivalent token or value on the steemit blockchain which does not add value to steemit's digital currencies because btc and other cryptocurrencies remain on their respective blockchains. Although this may work, it is for now, beyond my scope of complete understanding.

Amazing post @kevinwong

I like the part of having multiple wallets built in, but it would be interesting to see how this Graphene base blockchain would interact... but quite interesting... I think the Steem Wallet is by itself is currency with value without including the social media aspect, the free transaction and speed is just amazing

This just made my head explode with ideas!

I think the potential for integration with other projects might be the way-in for this concept.

For example, there are a handful of "Masternode Coins" as well as "Staking coins" that require a node to be configured a special way in order to join the network's overall mining weight.

You get rewarded based on your contributions.

There are ways to automate this process if you want to startup your own nodes and have it run as an auto-profit machine.

There are also other projects like Bitconnect which has a similar concept to STEEM on the back-end, where you handover your deposit as a loan to the pool, and you receive spendable rewards daily.

And I'm thinking of a new token called Pillar (PLR) which is looking to signup thousands of businesses to their wallet/exchange platform as smart contracts!

It may be possible to have Pillar run alongside STEEMIT, and it may have the option of doing things like:

- Choosing to automatically move your Masternode rewards into STEEM POWER or anything else.
- Buying goods from Amazon(as an example) with your daily profits from multiple sources, regardless of the currency.

The list is endless as to what might happen if we allow these projects to start shaking hands, we are at the cusp of the new age of computing!

> # All said, I'm looking forward to a future when I can tell people to "Just Steemit!" and they'll will know it's the place to be for posting, voting, and supercharging all of their other cryptos.

I look forward to such too, however, certain parameters have to be put in place to make it possible.
Edit: why not use a growth-ideas tag since this is a wonderful idea and that tag has more visibility? My two cents tho

Many thanks for sharing, upvoted!

Goodpost...

Something which would be easier to introduce new people to crypto would be good. Over time I think we will see more of this though. Universal wallets, decentralized exchanges, and PoS are all on the rise in the crypto world. Long term I think we will see more of a shift away from PoW to more PoS type systems. Steemit is unique in it's Steem Power. Though a lot of PoS have somewhat similar stuff. More of a crypto gives you more weight to stake on the network. Would like to see more platforms to better offer interaction between users and ease of use to new people in the crypto space.

Very helpful information, thank you for sharing your information and understanding on how to make good decisions about steemit problems. Thanks to your post we can find a good idea or decision.

@kevinwong awesome post it help me to understand

yee, I think this would be a another boom in Steemit. nice idea my friend. this one is a preferred one as day by day steem is going to add some products like dtube.

Great Article. Good job @kevinwong.

Nice idea, so steemit need to improve in integration with own exchanger. But for this moment we can use blocktrades , but we must do manually to do power up. Nice :)

Cool idea, hangs on the thread of if these Steem-generated tokens ala "SBTC" would actually have any value. I don't know if the market would accept them but I am curious to find out

Would be awesome if we could use our Steemit wallet to keep all those coins. I've been downloading separate wallets for separate altcoins. It's a little annoying in that sense.