RE: How to Launch a Steem Power Backed Smart Media Token!
every 1,000 JBC will be good for an upvote on about 10,000 Steem power a day
For 1000 STEEM (if $2.5/STEEM= $2500) you can get an upvote worth $1.37 (based on estimation of a 10,000 SP vote on steemworld).
Jerry is using buzzwords to obfuscate how much of a shit investment this is. In his characteristically banter-filled posts, his poor writing makes it appear at first a promise of 10x your investment.
In reality it would take 1,824 days (earning a vote of $1.37 a day) to get a return on your 1000 STEEM.
Jerry's proposal comes off as a ponzi scheme to enrich himself on his cult coin. @berniesanders, or someone, anyone, running this horrid machine, please explain how this shit being front page helps build steemit?
This is how EOS will destroy this platform. Because it was weakened, petrified, before the fight even started.
Any idiot who buys into this shit deserves to lose their money.
A very entertaining implication of this is that if people do buy into the system, it could easily be more profitable to put the 1000 SP in your own account and frontrun its votes for curation value than it will be to buy in yourself.
Of course there are hundreds of ways to do better with 1000 Steem, but that one's really funny.
People get wet by the idea of passive income streams. The dream of doing less.... Just lay back and have all the money keep rolling in forever... Haha