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RE: An Open Letter to The Community: Why Equality of Opportunity Matters, not Equality of Outcome

in #steemit • 8 years ago

Thanks for your contribution @lukestokes. I suspect the response to the 1000x return will vary on your belief about how the market works. If you believe, as I do, that the market is rather efficient and that you will generally not get 1000x return repeatedly without proportional risk and effort, or if you do, it's just due to luck or something really new, not yet exploited by the market, then the answer is quite straightforward I think.

Indeed, it seems extremely high returns tend to come from betting against conventional wisdom, but then again, it's important to remember that conventional wisdom is usually right.

As for the post feed enhancement, I specifically said that this should be the case only when you open your own profile page(I.e. www.steemit.com/@lukestokes. It should create a separate incentive for people to start paying more attention to their personal news feed as opposed to only the steemit.com front page.

8 years ago in #steemit by
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     8 years ago 

    only when you open your own profile page

    Ah, thank you! I missed that part. In that case, I get the idea, but from a UI perspectives, inconsistencies like that are really confusing. Most users should experience the same thing, regardless of who is logged in, IMO.