I've been trying to figure out Sun's relation to the CCP. There is clearly some big money and big power brokers behind his various power plays.
My SteemIt account is still live. Sun has been using a system of "curators" and "cryto professors" to build a 50 Cent Army which is targeting select communities in the emerging market.
SteemIt is really sad. The people who built it were clearly hoping to create a open market for ideas. Instead it is being used to develop a propaganda machine.
The Yahoo Finance article in the post is the smoking gun evidence of Sun's involvement with the CCP, most mainstream news on Sun will omit any involvement of the Chinese Government .Sun is a Chinese citizen so I find it funny that the Narrative constructed around Sun doesn't involve his Blockchain and the support by the CCP, when the truth is he and his plagerized products are state sponsored, Steemit was stolen by China as part of their initiative to control social media on the Blockchain especially in Asia. Who knows what the Chinese Government did with the code that runs Steemit. Thanks for the comment!
He graduated from Jack Ma's school of business and was the first millennial for a bunch of scholarships. long story short, he is the millennial star child, I believe to subconsciously replace Jack Ma as a generational figurehead of the false sense of wealth the country has.
I knew that he was Ma's underling. The press tends to play down Ma's membership in the CCP.
I think many people were hoping that, as China's business sector grew, that the influence of the CCP would diminish.
But, of course, to participate in business one has to be part of the club.
The way that Sun executed the take over of STEEM convinced me that was a member of the party. But there was always a hope that he was part of a group transitioning away from the tenets of Communism.
Have you ever noticed that communists tend to make better capitalists that people in a free society.
Of course, that is not surprising. A free society is about free minds. Freedom is not about capital or economic wealth it is about the liberties of the people.
The modern concept of Capitalism comes from a bizarre book called "Das Kapital" written by a raving lunatic named Karl Marx. To really understand capitalism, one has to study Marx first.
I am much more fond of the interpretation of Capitalism found in the Austrian School of Business. It's a philosophical interpretation more so than a rigid static view, of what an economy can do for those aware of its inner workings.
The classical liberal view saw capital as part of the means of production. The Austrian School emerged from the classical liberal view.
In Das Kapital, Marx took the term "capital" and formed an ideology around it. Marx provides a totally distorted view of the way markets should work. For some odd reason people rejected the classical understanding of markets and adopted Marx's definition.
BTW: I like the Austrian school as well. It provides cleaning thinking about economic matters than the modern view which provides an unbalanced understanding of the markets.
If supply>demand you invest in liquidity in the market, the retail side.
If demand>supply you invest in production and manufacturing.
Lol now just to get Hive rich enough to venture fund one of these theories and get some tangible datasets to pick a business plan from.