I read the white paper yesterday and the STEEM devs have really done an excellent job with their subjective proof of work design. However, where can I actually spend STEEM?
Most altcoins have a unique spending proposition. For example Siacoin let's you buy distributed cloud storage. Maidsafe is promising the ability to buy distributed web hosting. Or, the altcoin has a design feature that the developers propose make it 'better' than bitcoin: Litecoin has quicker confirmations. DASH has better anonymity.
Maybe I missed it in the whitepaper, but I don't see what advantage STEEM has on the demand side (as opposed to the supply side, which is brilliant).
Uh nothing, it will be another hyped shit coin that crashes and burns after the insiders made their money. Good luck all.