As we know the value of anything comes from availability and a desire to own it but we need to also consider the ease of ownership, cost of use and social awareness. Unless of course it is under the control of a central authority.
Luckily someone was smart enough to come up with a digital asset that is not controlled by a central authority. We all own some STEEM and we may not own it, but we are all aware of Bitcoin. How do they measure up against each other?
https://steemitimages.com/DQmUiWgAtDbfam1ptp7yD4uaxaA8NZfoz1tPoMtyFPweDWp/Bitcoin%20Steem.jpg
Availability isn't an issue for either coin now, but this could certainly be an issue in the future if Bitcoin does not expand from its current finite amount of 21 million. This is not and should never be an issue with STEEM coin.
Everyone has heard of Bitcoin at this point and nobody outside of the crypto world knows what STEEM is, but the way STEEM has positioned itself with social media platforms that pays it's users this will change and it should change in a big way.
As I imagine this platform evolves from just a Reddit type platform to a more multifaceted one like Facebook (Assuming the blockchain can support it) then its popularity should drive larger buys from investment houses. Imagine if Steemit had 2 billion users like Facebook and then you factor in that the amount of STEEM coin generated is depreciating over the years, this should mean that we are headed to a future bubble. Everyone will want in early, so they can cash out before the bubble bursts and everything levels out.
As of now Bitcoin can’t handle the numbers of transactions that STEEM can, also Bitcoin requires large amounts of energy to mine as the coins become scarcer and only profits from transaction fees drive miners revenue; then it will be harder for miners to operate. STEEM is mined by it’s users and not by computer banks, so it will not have this problem as well.
If transaction fees keep going up like they did recently then less and less businesses will accept Bitcoin. As this trend continues the ease of use diminishes and our costs to use it increases making less desirable to own. STEEM has no fees.
It is also beneficial to the STEEM social network owners not to sell their STEEM because STEEM is the gift that keeps on giving. Sure we all hope to be a whale some day and live off our own upvotes, but it is going to take minute to get their, so in the mean time the majority of us are going to hoard our coins.
I am not an expert in Crypto and am learning as fast as I can, but as far as I can tell STEEM is the future. Bitcoin is like a supermodel she is hot right now, but 40 is just around the corner.