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RE: Response to @transisto's Open Letter

in #haejin ā€¢ 7 years ago (edited)

šŸ˜… first if you havenā€™t noticed yet, many of those involved are also high stake investors.

  • second, this platform isnā€™t really about high stake investors, and here is why: itā€™s about involving as many people as possible, so that businesses will get involved as well.

  • Business comes there where people are. People hold the real value.

  • Without good content being encouraged and spam content being discouraged, creators wonā€™t stay around. Thatā€™s why there are curation rewards. They should be what the stake holders are after.

  • with great content, a good community and businesses involved Steem price will go up as well, which will bring a lot more investors than you can even think about.
    thatā€™s what everyone should be after

By the way, investors who donā€™t power down and hold their stake in SP also earn interest rate, FYI.

This particular content maker (I really canā€™t call him a creator out of the respect to the actual creators) doesnā€™t believe in Steem. So he takes all of his rewards out.

For the rain analogy, well if somebody puts a pipe and drains all of the water, there still would be no water. The people concerned are actually trying to protect their investments. They have the right to do it, also against other investors.

Self policing is important for a decentralized platform to work. You are actually witnessing something extremely important @thoughts-in-time. Too bad you donā€™t realize it.

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I realize the importance, I think Steemit is a pretty cool experiment. I think it causes motivation for people to become creative, and yes this motivation is reward based.

However, the way that it's been set up, it is the larger stakeholders who get more control over the reward pool. Your issue is when larger stakeholders choose to primarily, reward themselves.

Your concern might be with the nature of capitalism in general. Burger Joints have enough burgers to feed every homeless person in their town. Yet it's the ones who have more money, that ultimately can buy more hamburgers.

Is it fair, no, but if they want to stay in business for themselves that's exactly what they will do, is reward the people who have enough money to buy all the hamburgers they can eat, or want to eat.

It's capitalism, if bernie and haejin stop punishing each other, and get back to business as usual they will both get more wealthy, and they will both get more rewards.

This will prove to outside investors that you can get rewarded here, and they will bring there money to the reward pool, causing more rewards.

I know that Haejin can produce consistent content without the help of Bernie, as he has found his niche. Yet, I'm starting to wonder if Bernie can do the same? It's almost like he needs Haejin to exist in order to justify his posts.

I think Bernie needs to ask himself, if Haejin were to up and leave, what would he post about? I think he needs to find a healthy passion, and start posting about that.

Hopefully, it would be a passion that he loves, not something that he hates. Trying to policing the behavior of others, is simply not healthy for the Steemit platform, and will most likely discourage people from investing.

I mean who wants all that drama anyways? If I was an investor, I could invest in this drama, or maybe just go out and buy a Burger Joint franchise IRL where people inherently know, that if you don't have the money, you cannot eat.

You crack me up.
Probably you lose friends frequently because you can't imagine anyone being right except for yourself šŸ˜„

You know I actually meant that for you? Bernie has been around from the very beginning with a huge stake invested, and has a lot of projects running.

What about you? What can you do apart from nagging and trying to be righteous?

I'm glad that I amuse you. I don't know about all of Bernie's projects, but good for him!
What about you? What can you do apart from nagging and trying to be righteous?

I have many posts here. If you truly are interested scan the titles, maybe you'll find one that you would be interested in reading. I don't claim to be the epitome of righteousness, but I do try and strive towards it.

Antonym: "is a word opposite in meaning to another."
Antonyms for 'righteous': corrupt, dishonest, immoral, unethical, unjust, vulgar, bad, unfair.

yes, indeed vulgar might be a better description, sorry šŸ˜…

Not at all, thank you for your feed back.