ππ OK, let's take a walk in Athens, downtown. Walking in the city, one more time, a few days ago... Well, nothing new ha? Yes, nothing new except the new week starting, and some new beautiful bills coming! Human destiny is defined by the bills to pay for staying alive. This is called "civilization" and it seems humans are happy to pay for their existence... At least there is no serious objection against this status last 5000 years. People, in most of the cases, are happy to be oppressed, and do everything in order to be controlled by authorities that each community (nation, country etc) creates since the beginning of the human domination on planet Earth. It's a normal consequence of the evolution of the species in constant progress. The archetypes are gradually printed in humanity's dna and follow the evolution of the collective chain. Thus, the ultimate version of the modern society's pattern is developed on the top of an existing hierarchical scheme which needs to control the community's destiny for surviving the challenges raised at any historical period. This is the genesis of the so called modern society. The pre-modern societies were hierarchically structured and governed, but the control over the populations was more difficult due to the lack of technology. Nevertheless the core (and purpose) of any social pre-modern scheme was its economy and was controlled by the top of the hierarchical pyramid.
ππ Of course, these photos are not included in any collection. The #thecitytheory collectibles project will be developed on Ethereum probably, we'll decide definitely at the end of this week. There are more interesting options, like the creary.net, we'll see... In any case I'll informe you about any decision we'll take. By the way, do you like these photos? I'm asking you, as usual, to tell me which photo could be your favorite...
ππ Random snapshots are sometimes surprisingly good, I like this random snapshot, don't you?
π Steem coin entered the death spiral phase. You know, there is something called "internal debt" have you ever heard about? No? Nevermind, it's too late... Steem coin at 0.33 - 0.34 USD, yes... Well, you see, now even if some users try to pump it buying a bit, it makes no sense anymore. All new added value is fastly absorbed and devaluated because of the huge internal debt generated by the split value of the mama-coin steem. Wrong? Well, I hope it could be wrong... but... Ok, let's see what will happen next 3 to 5 days...
ππ Staking your own inflation in permanence is one of the main reasons why steem coin is rather a dying crypto than a representant of a thriving cryptoeconomy. Unfortunately it's too late to apply any remedy, and this for many reasons. The main reason is the luck of Trust... There is no serious investor in the horizon... At least this is currently proven by the reality as it is and as it progresses. It could be a good exercise for anyone wants to know more about economics to try to study the case and point out the reasons of the continuous "recession" within the Steem ecosystem. This study could show how absurdities and greediness can kill even the hardest to die economy.
π½ Thank you very much for your precious time spent on @imealien blog.
β¨ I'll continue to post but not so frequently, until the end of this year unless steem reaches the 0.27 - 0.29 USD earlier (very probable, unless the nomenclature changes its statements and plans for absurd HFs but... I hope I'm wrong... it's too late) . The analyzis (personal) shows that this price-zone is the best to expect in the very near future.
β¨ Since I've started with Steem blockchain I have never powered down. I was among the most fervent believers! Steem coin should be among the first ten cryptos, Steem coin have had the great opportunity to become a kind of global coin... Unfortunately for this to be achieved it needed real visionaries and long-term economic policy... Build Trust should be the main goal of the "leaders". It happened the exact opposite. So, I'll wait until my loses (of everything I invested here) touching the sensitive threshold of 0.27 - 0.29 for starting power-down. If HF21 occurs before the end of the year I'll power down immediately (I mean just after the system stabilizes again if I don't have the time to start power down just before) I'll sell for some ETH or LTC and that's all folks! Dear followers and friends, you'll be informed about everything I plan to do next. Thanks again for reading me!
π Original Content
By @imealien
Β© 2019-2020 ARR
π Have a wonderful Tuesday!!! π
Please, be aware that this reflects my very personal opinion. It is not an advice, it is not suggestions that you should take into consideration. After all, I'm an Alien and I might be 100% wrong and what you read might be cute stupidities of an old exiled Alien intelligent biological entity. Do always what your Brain suggests you and for this, make your own research!
Steem coin at 19:50 July 2 2019
Posted using Partiko Android
This post was resteemed by @steemvote and received a 99.02% Upvote. Send 0.5 SBD or STEEM to @steemvote
let's take a walk in Athens..the photos and the thoughts are merge to form a special environment...that is a documentary. The second part steem..is scary..π