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RE: Are Most Cryptocurrencies Doomed to Collapse — because they’re “ICO-issued”?
I've downvoted this post because it tries to equate Steem with an illegal ICO which is inaccurate FUD.
I don't believe Steem should be rewarding someone to FUD it, and as a stakeholder I have voted accordingly.
I believe everyone should have the right to express their views no matter what.. He took time and effort to write this article out and express his view. Although I don't agree with all his views I feel like he should be rewarded for his time/effort. He has also been writing some interesting stuff past few months, wish I had caught it earlier. Interesting to read your stuff @anonymint.
The whole post is not out to FUD Steem this is true. But the way Steem is presented in it is disingenuous. There also appears to be an attempt to nakedly back up his assertion by posting similar things on a Bitcointalk thread (the OP of which simply links to this post, and refers to the author in third person. It's also linked via web.archive.org for some odd reason) under a different nickname.
None of the post was intended to FUD Steem. When I wrote the first draft of the blog, it did not mention Steem. Then as I thought about it more as I was thinking about why Dash’s instamine makes it an investment security, I realized that Steem is also the analogous obfuscation of an ICO.
And there is no FUD. You’re mistaken.
Incorrect. The analysis and presentation is factual and not disingenuous.
Important posts on BCT have to be archived because the mods over there are insane.
P.S. Note I augmented some of my prior replies to you, so you may wish to re-read them.
Please read my further rebuttal of his witless verbal diarrhea.
Also please find the message I sent you in the History of your wallet.
Ty. I think you will be even more interested in the fact that I am going to replace proof-of-work with something that is not proof-of-stake and which is technically sound. Steem’s DPoS requires a whale oligarchy, thus it is not viable for scaling Steem up to the world. I have the solution to that.
@pfunk just made a major blunder in terms of his future share of the crypto pie.
Regarding disagreements, they may be actual disagreements or they may just require more communication for each party to arrive at understanding. Also I found that people tend to come over more to my philosophies the longer they are exposed (or I come over to their astute corrections), because I seek truth, meritocracy, and prosperity. The other witless fall into the woodchipper even though I try to convince them to have a dialogue about truth, meritocracy, and prosperity.
I genuinely wish you luck if you come up with a novel solution to the difficult problem of distribution and decentralization of a smart money network.
Besides luck and some generosity from others, it has mostly required years of R&D and effort. Meritocracy.
Which is where the knowledge about the Howey Test and investment securities originates.
I experienced attempted censorship at BCT and Redditard. And now here it is again from a random dolphin on Steem.
Why is that retards love the buzzword “FUD” when they don’t know the subject matter.
Hey I am a Steemian also. I was blogging here since summer of 2016. You don’t have exclusive ownership here. I am owner/participant also.
I probably brought considerable traffic to Steem, because I was very well known on BCT before I started blogging here. And cross-linked many times from BCT to Steem.
I’m aware there are others who contributed much more than I did to Steem. Yet I am not just some fly on the windscreen.
What irks me is that you come in here with an attitude like you own the place or that you presume the other 105 people who upvoted my blog will appreciate your factually incorrect allegations and attempt to lower the reward they wanted to give me. You actually steal from them by downvoting.
You just subtracted $100 from my earnings by downvoting. Do you realize I put in several months of research into this blog! You fucking idiot.
You’re factually incorrect. I have already refuted you. I’m well researched on this topic over more than a year. And @smooth has disagreed with you (also archived in case the post is deleted by a mod)!
And downvoting is not the correct way to express disagreement. Downvoting should only be to discredit spam and non-meritorious content.
Also this blog post predicted China’s ban of ICOs 2 days before it occurred. Having this sort of highly expert content on Steem is the way to make Steem grow in usership and importance. You’re a fucking idiot when it comes to marketing.
Steem continues to shoot itself in the foot in numerous facets. And you’re a prime example of the witless falling into the woodchipper.
Any way, soon I replace Steem with a Bitcoin killer. So enjoy your nonsense.
The wise speculators/investors understand that it is better to be well informed (because you can easily sell one token and buy another one!), than to deceive yourself by trying to sweep the truth under the rug. I had explained this recently in the context of Monerotards censoring my recent Steemit blog about Monero’s anonymity being flawed.
Essentially what you’re trying to do is censor me, because you’re not going to win a debate with me on the merits of this issue.
Huh?
Childishly calling me a 'fucking idiot' multiple times and not understanding where your rewards are coming from aren't making you look more credible or believable. I encourage you to investigate a little more deeper on why your post value fell by $100 or so.
I agree. His interpretations of SEC rules/language and what he believes happened with Steem are inaccurate. The more I read from him, the more this seems like deliberate FUD.
You’re factually incorrect. I have already refuted you. I’m well researched on this topic over more than a year. And @smooth has disagreed with you (also archived)!
Equating Steem with an illegal ICO is accurate according to the facts. Who cares if the facts are on that platform?