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RE: Hardfork 21 is HAPPENING. What will change?
I think if people on Steem just voted what they actually liked, it would result in everyone - especially those holding Steem Power - earning more money. Curation rewards and bid bot returns are not "profits" if you're a stakeholder, because it comes from inflation that dilutes your assets. To make real money is to increase the value of the token.
Yes to increase the value of the token is much bette rthan blogging and when we get bloggers to focus on posting about steem OUTSIDE of steem on twitter and youtube reddit etc we can bring in bitcoin holders to invest LARGE bags in steem I MEAN LARGE bags
but yeah its sad to realize that so many people would have a completely different outlook if someone early on at steemit inchad just set up a wolf of wallstreet style marketing dept that pulled in users to an inner circle to see how many new investors one single highly motivated individual could bring in and then TASK that work out to thousands of users... the blokchain is about to undergo things like thsi with TASK token and CAPTCHA and @steenm.ninja INV invite token and its possible distribution via @banjo discord bot for onboarding but we need @steemit @steem @elipowell to check out the work of inertia and maybe fund it to get a massive network of discord steembots issuing steem accounts but EVEN WITHOUT steemit incs help it will happen on its own thats the exciting part. steem is going to start working on its own in a free market way that will show off what steem is truley capable off , all the demand steem can drive froim tribes and steem engine trading and much more.
Really Sherlock? and how do you propose to convince some Indian or African or South-East Asian of whom there are many here that they should save their Steem instead of using their reward to improve their lives ever so slightly?
What the heck does Nationality or race have anything to do with this? Steem has never depended on anyone but a few wealthy whales (From all around the world) to find its true price, and there is no need to keep users that need convincing. They can sell if they want now and waste their steem on a few dollars of food , when they could have held their savings. You arent supposed to cash out of your stock market savings portfolio just because the prices are low :)
Your argument really came out of left field and it feels like youre actually upset about something else, and I understand the concern for steemians in developing countries but they shouldnt deserve and dont want special treatment. They knew what they were getting into, and many of us dont look a gift horse in the mouth.
Many of these people you refrence got a lot of steem for free and if they did buy it, they can wait the market out like everyone else for steem to find a bottom. There arent that many whales who even own very much steem so the bottom is bound to be somewhere near 7 to 10 cents where a few other whales I know got in (They wont want others to get in) So tell the people in developing nations to place their buy orders very low, maybe then they can become whales on steem and if and when we go back to $ to $8 range this will all have been worth it. or it can go down as far as people are willing to sell it to, but there isnt an infinite supply and it cant get too cheap without certain whales being unable to control their urge to buy millions of steem at less than 10 cents ... etc etc
Exactly.
You left out the important of "if you're a stakeholder".
My point was to make it clear that curation rewards and bid bot returns are not "profits" to someone who has bought Steem. Because those tokens dilute their existing stake at the same time. So if you want to get more wealthy as someone holding Steem, your focus should be on what you can do to increase the value of the tokens that you have.
So nothing you wrote made any sense in the full context of what I said.
Not everyone who has bought Steem has done so as an investment. Some have simply bought it as 'pay to play' to increase their enjoyment of the platform.
Always the talk of is of investment and ROI but this is not everyone's primary motive for being here.
Everyone who has 'invested' time here is also a stakeholder. It is still an unlevel playing field designed to exponentially help those with more financial wealth than those without. Exact the people Blockchain technology would benefit the most.
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My sentiments exactly, @nathen007.