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RE: Steemit Update: HF21 Testnet, SPS, EIP, Rewards API, SMTs!
I hope these changes are for the best, we really need to accelerate progress immediately or else we will lose our first movers advantage
I hope these changes are for the best, we really need to accelerate progress immediately or else we will lose our first movers advantage
Multiple competing social media platforms now provide cryptocurrency 'tips'. We are already being outcompeted due to the failure of extant and former devs to implement rational code that encourages capital gains, and have instead encouraged extractive profiteering.
We have lost the first mover advantage, and are facing existential loss of users. Absent preparations to reverse these changes should they prove to worsen the price, market cap, and user retention of Steem, real risk of the platform being abandoned for more functional platforms is being undertaken.
I have been a strong booster of Steem since my advent here. Unless code that implements sound investment principles becomes operational, this experiment will have failed. Massive powerdowns are ongoing, and I believe that this is being done to extract the remnant of value left in Steem that EIP will make happen faster, so that those powering down in advance will be able to sell before the price crashes.
Events will prove me wrong, or prove me right. I didn't come here for tokens, but for censorship resistance. This comment will be flagged by a censor, and is likely to be self-voted to profit the censor thereby, and further is unlikely to be nominally downvoted to prevent that from being profitable because of the direct written threat of retaliation by the censor.
Do consider these real facts when they are effected as I predict. Consider why I am able to predict these things, and that my previous and repeated comments have included functional mechanisms to prevent the end of Steem by implementing sound investing principles. Investing isn't rocket science, and common sense is all that is necessary to grasp how capital gains work.
Thanks!
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Lol, we said that two years ago when they forced this debacle on us.
The whales that have recouped their investments lose nothing by steem going to pennies.
Stinc has their millions and are having a hard time finding a fuck to give.
We wouldn't be having this problem any other way.
Once the hunger was gone, it was all over but the getting fat.