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by sbenitoj 3219 days ago
The combined market caps of Steem and Bitshares is ~$500m, that is not the same as a $30bn market cap like Ether.
1 comments

An odd thing to say because that same argument could have been used when bitcoin and Ethereum's combined market caps were ~$500m and were still orders of magnitude higher than their competitors. In fact, many experiments on those networks were NOT tried by developers because they were "soooo big and financially important" at $500m valuations.

Due to this relative nature, I don't think that is valid reason to shut your mind off to discussion by trivializing other network's sizes.

Cryptocurrencies gets attacked all the time. Much smaller and more insecure cryptocurrencies are double-spent where possible, because these "bug bounties" are still worth several hundred thousand dollars.

Its not international news when it happens. It happens.

I'm not shutting my mind off to it, my point was that it's not proven at as large of scale yet.