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RE: Response to @transisto's Open Letter

in #haejin7 years ago (edited)

Join FFF-SOS Today! - Start Doing Steemit the Right Way!

If America collectively ate one rich guy who is worth $100 Billion, then all Americans (all 323 Million) would get approximately $309.00. Not even enough to pay for one month's rent!

If people were to suddenly start to engage in this type of behavior IRL, nobody would ever dare to do anything meritorious ever again out of fear that they too would be eaten, by a bunch of dumb fucking zombies.

Now I know that many of you don't think that @haejin's work is meritorious, but that ought not be your focus. Your focus ought to be who you choose to reward with your upvotes. Go out and make votes for the type of work that you'd like to see more of.

I mean are any of you out there in real life trying to create mobs of people with pitchforks and torches to go after people who you think make too much money on YouTube? No, you're not, because you know it's just wrong behavior, and deep down inside, you know that life simply is not fair.

You run the risk of creating more damage, and negativity, trying to impose some sort of artificially contrived parity, because your not forward thinking enough to contemplate the ramifications of these types of actions.

Communism, Socialism, and Marxism doesn't bring fourth some type of magical panacea. What it does bring is mass slaughter and Democide. If you see my posts or comments get flagged for saying this, it will simply have proven my point.

Wake the fuck up people!

UPDATE: FFF-SOS 'Patient Zero' Petitions @randowhale

Bernie please read the above petition (open letter) to @randowhale, I think with a little ingenuity, and or with your help, we could take action to make Steemit a better place, but it would involve a ceasefire strategy. I hope that would be something of interest to you.

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False analogy @thoughts-in-time.

I don't think anyone is advocating a Marxist-esque rewards system (however the hell that would look).

Many of us are against the collusive voting or proxy voting Haejin employs to manipulate people's perception and allocate himself rewads apart from his own merit or sweat equity.

Many of us hope this will establish a precedent for other whales that are considering abuse of the system for rewards.

What you are seeing right now is only the beginning of the self policing mechanisms that should have been created on Steem a long time ago.

They will get more sophisticated and people will realize there will be a risk and increased cost to trying to be a scammer on Steem. I think you are wrongly conflating this issue into something it is not.

Okay, well I appreciate your feedback on the matter @anthonyadavisii.

I know that Rando supposedly gives back like I don't what it is, either 80-85% of what he's collecting in curation to the people that provide him the delegations.

Question is if you compared his rake of the curations rewards to whatever haejin is picking up, anyone ever crunched the numbers to see who is taking in more? Rando is a pretty colossal bot.

I don't pretend to know the answer of who is taking more from the reward pool, but I tend to think. That's the entire goal of the system. You're meant to try and get rewards, it's what it's all about.

Yet, people like Bernie he's made it his mission to try and prevent people from getting rewards because he's jelly or something parading around as being altruistic. Maybe he really does think he's being altruistic, I can't say for certain.

Writing two sentence posts and collecting 700 bucks on them, isn't exactly proving his point. I just think that this war is a ridiculous waste of time, it's only serving to create strife and envy.

Everyone should try to get as many rewards as they can. If it destroys this place, then it was a broken concept to begin with.

Man, you really still don’t understand how this platform is supposed to work do you?
What this people are doing is unsustainable long term. The platform won’t be able to handle it if suddenly 10 more of these two will pop up. There will be no rewards and your @thoughts-in-time will have to go somewhere else.

Let me ask you this, if you were a smart money investor and wanted to capitalize on Steemit. Would you invest your millions knowing that if you self up-voted, then people would try and make sure you didn't get rewarded for your post?

Mind you it is these smart money investors who replenish the reward pool, so if you scare them off before they even get here the pool size will not replenish itself, equating to reward scarcity.

Whereas, if you encourage people to take as much from the pool as they can, the smart money investors will flock here in hopes of capitalizing, and thereby add capital too the pool.

Have you considered that at all? Capital controls, and high regulation tend to stymie growth. If I had money to invest in Steemit, and learned how the platform worked. The very idea of Reward Poolice would make me reluctant to invest.

People who have large amounts of money or Steem are always going to end up pulling in higher rewards, it's the natural way of things. It's why billionaires, can earn sick amounts of interest daily, just having their money sit in banks.

They bring value with their investment, and get value in return. If the system were not set up to benefit investors, then investors won't invest.

It would be like if one day it suddenly stopped raining. Eventually we'd use up all the water, and there would be no water.

On the contrary-- If I was a smart investor, I'd recognize that if it was possible to abuse the system in the way you are describing, I'd stay away. Things assigned value NEED to have proper value, otherwise something is wrong with the system. What does "proper" mean? Who knows, but what's obvious is when something has a ridiculous value assigned to it.

Look at the extreme: Let's do a little thought experiment: say there's no "police", and all these "smart investors" are very excited and pour tons of money into the system to upvote empty posts. Raking in the dough, at the expensve of everyone else. They are excited and call others to do the same. Soon everyone is selfvoting empty posts, and nothing else is happening on the platform. Do you still believe what you are saying about "everyone should try to get as many rewards as they can?". I'll tell you what will happen-- Someone is going to question the value of the platform, and the whole thing will tank. Well, it's looking like a fun scam at that point.

Long story short: corrective votes are necessary to the platform's survival, specifically to counter abuse. It may not be a perfect system, so I believe some adjustments are in order to the incentive structure. But until then... these flags are entirely necessary.

@eonwarped your comment inspired the below thought experiment. I'd be interested in your feedback.


"Well, ever since the bot takeover the entire nature of Steemit was radically altered. Hypothetically speaking, let's say you've got two people with the same amount of Steem power." [read on..]

😅 first if you haven’t noticed yet, many of those involved are also high stake investors.

  • second, this platform isn’t really about high stake investors, and here is why: it’s about involving as many people as possible, so that businesses will get involved as well.

  • Business comes there where people are. People hold the real value.

  • Without good content being encouraged and spam content being discouraged, creators won’t stay around. That’s why there are curation rewards. They should be what the stake holders are after.

  • with great content, a good community and businesses involved Steem price will go up as well, which will bring a lot more investors than you can even think about.
    that’s what everyone should be after

By the way, investors who don’t power down and hold their stake in SP also earn interest rate, FYI.

This particular content maker (I really can’t call him a creator out of the respect to the actual creators) doesn’t believe in Steem. So he takes all of his rewards out.

For the rain analogy, well if somebody puts a pipe and drains all of the water, there still would be no water. The people concerned are actually trying to protect their investments. They have the right to do it, also against other investors.

Self policing is important for a decentralized platform to work. You are actually witnessing something extremely important @thoughts-in-time. Too bad you don’t realize it.

I realize the importance, I think Steemit is a pretty cool experiment. I think it causes motivation for people to become creative, and yes this motivation is reward based.

However, the way that it's been set up, it is the larger stakeholders who get more control over the reward pool. Your issue is when larger stakeholders choose to primarily, reward themselves.

Your concern might be with the nature of capitalism in general. Burger Joints have enough burgers to feed every homeless person in their town. Yet it's the ones who have more money, that ultimately can buy more hamburgers.

Is it fair, no, but if they want to stay in business for themselves that's exactly what they will do, is reward the people who have enough money to buy all the hamburgers they can eat, or want to eat.

It's capitalism, if bernie and haejin stop punishing each other, and get back to business as usual they will both get more wealthy, and they will both get more rewards.

This will prove to outside investors that you can get rewarded here, and they will bring there money to the reward pool, causing more rewards.

I know that Haejin can produce consistent content without the help of Bernie, as he has found his niche. Yet, I'm starting to wonder if Bernie can do the same? It's almost like he needs Haejin to exist in order to justify his posts.

I think Bernie needs to ask himself, if Haejin were to up and leave, what would he post about? I think he needs to find a healthy passion, and start posting about that.

Hopefully, it would be a passion that he loves, not something that he hates. Trying to policing the behavior of others, is simply not healthy for the Steemit platform, and will most likely discourage people from investing.

I mean who wants all that drama anyways? If I was an investor, I could invest in this drama, or maybe just go out and buy a Burger Joint franchise IRL where people inherently know, that if you don't have the money, you cannot eat.

You crack me up.
Probably you lose friends frequently because you can't imagine anyone being right except for yourself 😄

You know I actually meant that for you? Bernie has been around from the very beginning with a huge stake invested, and has a lot of projects running.

What about you? What can you do apart from nagging and trying to be righteous?

Well said. It's the kind of pettiness that destroys almost all forums and social media groups i've been part of and in the end it's just really boring. It will infect multiple posts and topics that could have otherwise started interesting conversations, it will drive new people away from steemit and it will consume time and effort that could otherwise have gone towards creating something positive for the community