RE: Do we understand Steem's fungibility?
Well thats all fine... And i agree: dont be mean to those that dont hold the same values as you.
But.... The direction wer moving towards will eventually start looking like real world.
Kevinwong started talking about broken incentives and i have to agree with him.
Investors can have almost close to bot roi just by curating... What happens then is author/curator distribution. When you have bots the distribution is lacking greatly. Bots pocket most of the rewards that would go to authors and the delegators have just slightly higher roi by not actively participating.
Ofc those that come here empty pocket dont have any kind of starting point outside curie, ocd that could be here for a long time so its hard for them to invest in bots and participate in continued distribution.
That's where we're recruiting from.
It might be reasonable to have a goal that Steem stay a small, insular community with no large-scale social impact. I haven't heard anyone articulate it, but it would be interesting to talk about. Most people here, however, really want large-scale adoption, and there's no way to get that without adding people from external reality who will bring some of it with them.
Personally the political hate wars scare me a lot more than the capitalists.
Exactly. Wide scale adoption brings in real world people and what ever platform they are on some will do their best to satisfy their own greed.
There is no shift in mentality where ever you might put those people. Incentives are broken on steem which makes it worst.
I fear Steem will start looking like: "If you dont have money, we dont need you. "
Well right now it says conflicting messages:
Steem is currently investment toxic, we need that to change. I know this, I've been told this by people with deep pockets.
Important thing is which investors have you talked to. Steemit is a social media site, it has its values and core ideals set first by the whitepaper. If you have investors going against those values then of course they will get hate.
Yes people despise greed and fakeness.
I mean you say upvote minnows and be a nice friend but thats what the steem blockchain was supposed to be about... For those that have money to make money by using their stake to give money to those that dont have it based on quality, social value, friendship, etc...
People will allways revolt against greed and i cant blame them.
People weight thr benefit to to them of someone coming here and investing a bunch in bots againts their own values and principles.
If the benefit does not, and it almost never does outweight the value they put into their principles you get hate. Whats 10mil USD in investor money locked in bots mean for someone that earns 1USD per post... A slight increase in steem price?
More max upvotes for bot users to buy.
People and communities hold values and those that uphold those values are loved. Those who do not are not.. Thats the way it is.
Kpine and Vortac are investors as well. Do people give them hate? Maybe if they dont upvote them. But tgats social media and theres no changing that.