I don't know all the details of what occurred financially in Iceland, but I don't feel that lending in any form is a valid way to create lasting security.
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I don't know all the details of what occurred financially in Iceland, but I don't feel that lending in any form is a valid way to create lasting security.
Why not?
Entrepreneurship tends to require higher initial capital than what most initiators have.
How would most of the current giants of the economy, most of which are free of debt or close to it, start had it not been for loans?
Why is lending worse than IPOs and ICOs?
IPOs and ICOs may be considered as a form of loans.
Loans and bonds are usually backed by shares of the owing company in case it fails to honor its debt.
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You got a 40.00% upvote from @luckyvotes courtesy of @stimialiti!
Hello @stimialiti - just letting you know your large bids are crashing the bots - day after day - time after time.
Here is some information that might help you and everyone get better returns on your bot usage. Since you are one of the biggest users in there, improving your performance would really help everyone.
Thank you so much for taking the time to look at this older post.
How to use bidbots without killing them
I already replied to you, 7 days ago and explained that this is a way to fight against spam.
I am trying to avoid to hurt you personally since then, but "when the spam part of the bid" is big enough, you suffer too.
If people fought spam outside of their own threads, I may have been more careful, but remember that I want to profit too.
You should learn to play the game correctly yourself, and if you fought spam, it would have been even better, but I am not sure how fair it will be for you to be a footsoldier for the whales too.
I do not enjoy it much.
This reply came to me after I became more careful about you and the other guy.
To be more careful than I am means to forfeit over 1/4th of the bidding cycles of my waking hours and to let spammers enjoy the benefits of bidbots.
I'm not really sure what you are saying, but clogging up people's posts with bidbot comments is spam all on its own.
Thank you about trying to avoid when I bid. I appreciate that very much. But I do not think this is the right way to go in this issue.
Who is "the other guy" you are trying to hurt? I know there are only just a few people who are heavy users over there.
It is a problem, but I want rewards on my comments, because they are the vast majority of my posts.
I do not avoid bidding when you bid, I just go less hard than I did until 7 days ago, but if I see that the spam part of the overall bid is big enough, I go hard despite my caution on you.
After all, you like almost everyone else here let the spam grow.
That I try to not hurt.
Why don't you post more instead of being the policeman of the bots? You can use steemcleaners to report spam when you see it. They seem to get on the problems here. Just report the person you are concerned with and then you don't have to keep crashing bots. This loses you rewards as well as everyone else.
I do not post if I do not have what to post about, opposed to most bidbot users.
How many times did you try to do it?
I tend to win rewards more than to lose them.
Everyone else is the goal.
You are not the target, but when a big enough opportunity to knock spam rewards down presents itself, or if an especially despicable entity is a bidder, and you happen to participate in the same round yourself, you lose too.
This is a price the community pays for its passivity.
This is a price you pay for being passive about spam.
Reporting to steemcleaners is wrong.
Delegating to steemcleaners or upvoting them are much more wrong.
You got a 75.00% upvote from @luckyvotes courtesy of @stimialiti!
One of the outcomes of having a society that is so heavily oriented towards putting 'profit first' is that the environment and other important health factors get ignored in the race to 'win'. This is just one of many problems with such a society - there is no point in having lots of money if you cannot live due to the nightmare created by the process of getting there.
We need to collectively evolve to a state where our decisions are based not on competition and flexing muscles (whether literally or metaphorically) but on balance. When we intend balance and the supporting of creativity, we are more likely to simply let resources flow and to share - if only for the joy of it and of seeing the creative results. The more the energy flows, the more we too can access and things balance out.
This is one ideal.
To achieve it you need to find a system that will incentivize people to act this way and you need the rulers to adopt it, or to overthrow them and enforce your will.
You can convince 70% of people to act the way you described.
The other 30% will render whatever you wrote impossible.
It is true that there is an issue of how to have balane of free will on Earth. The answer though, is in exactly the shared understanding of free will and what is needed to be present in order to have free will.
A voluntaryist society is one where everything is done voluntarily - which is part of what is needed. The other part is the designation of the Earth itself as having rights and thus a true set of universal rights for humans and animals which reflect their right to freedom. This totally conflicts with the capitalist idea that we can just 'buy' the Earth, but it is the only possible solution to the madness we are experiencing as far as I am aware.
You got a 38.10% upvote from @luckyvotes courtesy of @stimialiti!
You got a 36.36% upvote from @proffit courtesy of @stimialiti!
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Oh wow - see below - this is why comment bidbots are a tragedy at steemit. I was wondering how someone could have so many places to upvote and now I see why. Not only so many bots on comments - but crashing them day after day for everyone else - just venting....
If I remember correctly the Iceland government lend the money at very low interest to promote economic growth.
You can't abolish the banking system in any society but you can eliminate the corruption and the control of the banking system by crooks and thieves like the IMF that have different agenda for the people.
Community growth always requires funding.
We aren't born with wallets and that is for a reason ;)