I love this quote:
Newly mined steem is being used to incentivize the transfer of voting power from those who have it to those who make valuable contributions to the system
(I left out the boobs)
This is an excellent way to look how the reasons behind the share dilution and how it impacts the overall Steemiverse. This truly is a marvel of an economic system. Thanks for posting this all, but dang is it long and complicated! Most people can't balance their checkbooks or stay focused long enough to watch a documentary, let alone understand where the value comes from for the pieces of paper in their wallet. Hopefully, someday, we can all skill up to really understand this stuff well. Thanks for contributing!
As a side point, i don't expect "most people" to need or want this detailed of an explanation. But i do think if there are going to be early adopter "apostles" that will bring this to the masses they ought to have at least a basic understanding of how shit is moving around. Go back and read the early posts about bitcoin... the key to its broad adoption was not a bunch of people posting silly memes and basically saying "value isnt real... whats value its just something we make up"
To get to the point where you appear to be doing something more than selling amway, you have to at least have a notion of how the gears mesh together.
Agreed. I wonder sometimes if I'm "dumbing it down" or if I'm actually being relatable to the real world. There's a fine line there, I think. What some see is silly, others see as curious, leading to further investigation and interest. Some posts may accurately say, "Who cares as long as it works?" Case in point: How many people actually understand how their own USD money works? Very few. Does it work anyway? Yep. That's a marvel, to be sure. If they did understand how it works and how corrupted the whole system is, I think we'd see a lot more interest in competing currencies.
Some day... maybe we'll all get there. Then you and I can be like old men with canes, tugging on our beards, saying, "See! I've been sayin' it for years, son!"
Heheh.
Thats the thing though, no one has to be convinced to use US dollars. The people posting right now are very early adopters, trying to gain wider acceptence. Theyre trying to convince a mostly skeptical audience that sees get rich scams every single day that theyre not full of shit.
Its a dying genre now that streaming is a thing, but if you ever get a chance, check out some late night TV infomercials. The kind where they tell you how to get rich buying real estate or whatever...
When they're explaining whatever scammy racket theyre trying to sell you on, it always starts with two words.
"its simple" Because when its simple, its easy to gloss over failure points. When its simple, there's no reason to think critically.
I make more money than most, and ive made money in more different ways than most. Sometimes its easy, sometimes its hard, but its never simple.
Ask yourself this -- when was the last time someone told you how to make a lot of money, and it was for real not a scam, and it was mad simple. I get the impression reading your posts that youre in on the marketing side of software development or something like that.
Is it simple? Could you explain to me how to do it well (let alone the market dynamics that drive the industry) in terms of an episode of ducktales?
A person whos telling you how simple it is to make a lot of money doing X has a fucking agenda.
And most people, the people we presumably want to adopt the platform, understand that. Yeah, people are generally stupid... theyre just not as stupid as most steemians give them credit for -- at least not the ones on the front page. Im always surprised and a little disgusted to see posts on the front page about how Steemit will attract people just like slot machines do, or posts about how its simple, just invest 1000 in steem, and it will be worth $1 million in 5 years....or how some dude couldnt afford underpants until he found steem, and now hes rich.
I mean seriously its 2016. No ones going to buy into that.
Shiiieet. Im 40 im already an old man. In another 5 years ill be retired and yelling at all you crypto kids to get off my lawn.
Haha... no doubt. :)
I'm not arguing for simplicity, but ease of use. Like USD or a credit card, Steemit is actually a fairly easy to use, simply designed social media platform. That, many can understand. For them to get paid, well, even my wife gets that now, so anything's possible. Will they think it's a scam? Yep. Will any amount of explanation make a difference? Maybe, but probably not. Will USD in the bank which they got by putting out a helpful post? Yep. There are multiple approaches to bringing people in and multiple personality types to connect with. I am a developer, but I try to learn the marketing side of things also. Many different perspectives are needed, not just yelling at crypto kids. Heheh.
In a way, its kind of complicated. It has a lot of moving parts. There's actually 4 different kinds of currencies
(captive steem, free steem, vests, SBD) each of which can convert at various rates to at least 2 of the others, adn three of which can convert to the dollar.
But at the end of the day, i think its better to go with the difficult economic model that people will might find hard to entirely grasp than go with the the facile model that says "value whats value its all stone soup anyway"... I think there are a lot of good ideas in this tag, but im troubled that many of the posts (especially the ducktales one) will come off as scammy and hinder adoption....