RE: Bitcoin Will NEVER Gain Mass Adoption (video/podcast)
Bitcoin is mathematicaly the safest structure out there. Steem is not near as redundant as Bitcoin. Bitcoin has the lowest complexity. Ppl often think the more complex the better but in crypto-economic-transactionsystems-world its the simpler the better. Its touring incomplete and has the longest track record. It has the best aviability (which is still quite low) but you have the instruments to trade it direct paired to USD or EUR, with STEEM, you simply cant. No custodians will be avaiable for steem --> hance no accredited investors .
Ofshore money are hundrets of billions even trillions with all the hedgefund money, multi-billions are moved every day in forex, they simply dont aim for us and our play money.
Of course steem is far better for our everyday use. Since it has more layers of complexity it is more fragile than Bitcoin, thus it cant be everything. It cant be the robustest crypto-system simply because it is not build for this purpose. Thus it makes no sense to compare it with Bitcoin.