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RE: Is Steem an Adult Version of the Marshmellow Test?

in #busy • 5 years ago

They touch on the "nature vs. nurture" debate. For example, what if the kids who made the bad choices live in a households where bad choses are negated by parents who have no follow-through.

Yes, this is how my parents parented.

If Steem is just a scaled up version of the marshmellow test, what is the antecedent for those of us who want to protect our investment? I think the way to protect ourselves is to limit exposure and let the market price-in this behavior. It's been doing this very efficiently, so far.

Excellent point, I've been wondering for a long time.. "What will we do with those we can not control"... probably terrible language

I get your point about "Pricing it in". I hadn't thought about it in those terms before.

Thanks!

5 years ago in #busy by
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     5 years ago 

    "Pricing it in" is a more specific implementation of "it's self-correcting." Where "it's self-correcting" could imply, among other things, that people will change their behavior. I'm not expecting people to change their behavior, but I am expecting that, over time, they filter out and shoot themselves in the foot, so to speak.

    In the meantime, I am aware of the need to use external pressure to speed the process up. I'm not sure I buy the methods being proposed so far, but I understand the need.