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RE: Dear Bidbots: Thoughts after the hardfork

in #bidbot5 years ago (edited)

I thought that it is obvious.
Making me look/feel bad just because I am focusing on money on the Steem blockchain, while the whole point of the blockchain is the money.
You wrote

I do not accuse you of being one of them, but note in this comment you seem to further that narrative.

You did not openly accused, but assumed. But you do not need to do any of them. Of course I do. And almost everyone else do the same (focus on money on the Steem blockchain). You act as if it were a bad thing, but it is not. This is just how the things work on the Steem blockchain.

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Money is not bad. Caring more about money than people results in, and is a result of, misunderstanding the real benefits and value of society. That is bad.

I did not assume, and simply noted the apparent intent of your comment.

Mike Tyson once said that Don King would sell his momma for a dolla. Such people exist, and are logically extending a focus on finance over more valuable aspects of society. It is obvious that doing so ultimately harms people, and destroys society. Steem is failing, because it is a society, and those with the most stake value their stake more than they do the society.

Profiteering destroys the business profiteers extract value from. That is what is happening to Steem. Almost no experienced investors employ profiteering as SOP, because destroying businesses is less profitable, less productive of ROI, in the long run. Warren Buffet is an investor that increases the value of the underlying investment vehicle, builds the businesses he invests in, and as a result has become one of the most successful investors in the world.

"This is just how the things work on the Steem blockchain."

And this is why the Steem blockchain is failing, and needs to be forked to prevent it's death right now. Unfortunately, HF21 is exactly the opposite of what is needed, and makes profiteering more attractive. It encourages greater extraction via stake weighting of the value created by users rather than allowing that value to increase the value of the investment vehicle, Steem.

Capital gains FTW. Profiteering = destruction.

@xplosive, You sure, you're here for the money? I wonder how money can be a motive, at all. Isn't it curiosity, interest, a personal motif?

I state, that actually nobody comes for the money, but thinks he does. :-D

You string words together seemingly randomly, with no basis in reality.

That's the joke.