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RE: What is the use of cryptocurrencies?

Excellent write up - I especially like the Hedge section.

I like to sell Steem as an investment to people as a hedge against mainstream social media - the more people they annoy, the more people should head to Steem.

Great article!

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On Steem, your followers and your interactions with them are stored on a blockchain and no single entity has the power to cut you off of them like on centralized social media/digital publishing platforms. Also, no single entity has the power to demonetize you.

Very well said, I think this is one of Steem's biggest selling points!

True that!

Thank you! Steem is indeed a good alternative to mainstream social media. Given the #YouTubeIsOver tag is trending on Twitter, it is a good time to spread good words on Steem :)