"It's one of the only networks that's perpetually growing in human capital."

As an artist and human, agree with this entirely.

I that at the end of the day, humans win over technology.

Great post. Bitcoin does definitely need to get away from PoW and move to PoS or something better. The carbon footprint is way too expensive of a cost to the nature than most people realize or want to admit. While Steem's human capital may have some of it's downsides, in the long run that's what keeps it going.

Not sure about the future, but in the chart, I can see steem just broke the main support for the  next freefall...

Congratulations @kevinwong!
Your post was mentioned in the [hit parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20171013) in the following category:

* Comments - Ranked 4 with 100 comments

World once again come back from bills to coins sounds funny

I strongly agree
good luck

Bit-Coin is Elvis, but
Steem is The Beatles

hehe that was quite awesome thoughts really loved it but bitcoin is all the way to the moon :)

Thanks for this wonderful post.Steem is the future.

https://www.imageupload.co.uk/images/2017/10/12/U5dsaEv4gTCmAAtc2v9wh4TfTEFrTMu_1680x8400.png

Bitcoin has the marketing side of the business covered and it's getting upgrades  over time. With steem is the other eay around, it's great technology but the marketing side of things is a bit lacking and maybe that contributes to it's current low price. 
P.s I expected more people to be triggered by your rant about bitcoin :))

I agree, bitcoin rise is great for other cryptos including steem. I am sure that steem time will come probably by next year ..so no fear guy....keep powering up your steem as prices are influenced by dedicated users. Upped, as always...good post indeed.

Bitcoin is another USD as we use it to quote alts price. That is it. Even shit cryptos got better technology. Yes we have ETH but my point exactly.

I strongly agree, BTC promotes global warming and honestly not good to store value!

Steem is a totally controlled by the Whales here, and it's like monopoly of few people having good reputation score & thousands of dollars in steem power.... even if they sneeze they create a post that they sneeze 3 times & that post earns more than 500% bucks as compared to a Very Good Articles posted by the Minnows.  We have many examples just search it through & you will find out how much whales in steem are earning without any proper writing skills & what's happening with the minnows & Good Article writers whose very well written articles never be seen in trending.....  Minnows are paying to different Whales to get some useless votes  for nothing else....  First they Upvote on particular post with the strength of 70%, and then after some time they decrease it to 1% as I cross checked few Upvotes on www.steemnow.com, thanks to them.

And because of these few black sheeps Steem is losing Its worth & the good people !

I agree with many points in your post.  Bitcoin is a dinosaur compared to many other coins. The proof of work model I don't really like because the carbon footprint from bitcoin mining is huge. They say that in 2020 the energy consumed by mining bitcoin will be the equivalent of Denmarks energy consumption. That's quite crazy !

Steem as you say can be mined by anyone and I find the way that Steem is mined to be much more interesting and definitely much more environmental friendly. Anyone can mine on steemit through participation and by putting work into the Steemit platform. For bitcoin only a few even have the capital or technical knowledge to mine.

You do bring up a point about Steemit though, that it tends to bleed a bit due to its model where people might take money out but not put so much in. 

I think when the platform has become bigger, let's say 1 million active daily users then you will have more and more of the bIg investors that will come. 

I actually made a post just yesterday with a hypothetical scenario where Steem is pitched against another altcoin. I see so many more advantages with Steem, I really do. But due to the constant dilution it might not be as fast of a money maker as some other coins. I think when the market has calmed down a bit, and when people realize that just by adding blockchain technology to a certain idea it doesn't make it sure to succeed. It's a bit similar to when they added .com to companies back in the days. 

Steemit is a bit ahead of its time I am sure many will catch up soon enough. 

Great post !

It can take a long time to overcome first mover advantage.  Being first and network effect often results in long term rewards far out of proportion to quality of the current technology.

When was the last time you saw IBM do useful innovation?   Their market cap?

When was the last time you saw Mr. Softie do useful innovation?  Their market cap?

When was the last time you saw Cisco do any of its own internal innovation?  Their market cap.

Sure. BTC technology sucks and is outdated per the current "hottest" ideas.

But being first gives you a lot of room in the market to be mediocre and still exist.

Until eventually of course if a company refuses to do ANY INNOVATION WHATSOEVER, then the company will slowly die off.

Don't believe the scribe above?  Go make a Xerox and read it for additional clues.
And if you don

Wow....btc is moon.....
Hahahaha....
I think steem can change our future
Thank you so much @kevinwong for sharing this post...
Upvoted with my little sp....but my appreciate ur post hudge...
Cheers~~~~

i like your post

This is a very interesting and educative post, i do agree with you on all you said, i do think steem really does have a lot of potential , especially due to the fact that it can be mined easily and it doesn't leave as much waste as bitcoin or consume as much energy.
I strongly believe the price and value of steem will rise in the nearest future... its already doing much better than some other altcoins and i believe it still has a lot to achieve. 
Steemit is also a great platform, i believe a lot of big investors will catch up to the idea soon and come in to invest ,i personally get the word out to my friends about steem and i do my own part of participation and upvoting...
Thanks for sharing...