RE: Do You Know What 'The Sweat Equity Principle' Is? || SMTs To Address One Of Steem's White Paper Promises
The whitepaper says "fair accounting system," not fair distributions. We will be able to account for the distributions, and shine a light on players that are bad for the ecosystem. In today's non-blockchain world, people can say what ever they want, and it's almost impossible for anyone to track short of the government. So, when I see the word fair in this context, it means transparency, which is impossible to find anywhere else! Also, you can't guarantee a fixed contribution which is subjective. Like this comment, I wouldn't be here if I got paid for words per comment. You get paid in the subjective value you bring to the platform by anyone willing to show their support for it. You also get paid to curate, so really that is your set earnings amount. I believe SMTs will have the ability to bring people in on more stable footing, where they can provide services without being left behind from day one. There are a few ways I've been considering looking at SMTs for my business! Great post! Thanks for the support of the community and I look forward to seeing what the rest of 2018 brings! :-)
Great comment, @brettcalloway!
That's correct. Now one might ask if transparency is enough fairness. We won't be able to redistribute wealth but we could try to find ways to provide more equality in opportunity. That's definitely something SMTs will be at least trying to address, or as you said:
I'm definitely looking forward to it, too! :-)
Have a nice weekend.
I like how you put that:
This encourages people to dedicate themselves and their skills to something rather than wait for it to be handed to them.
When our twins came to live with us, a lot of people helped out in the beginning. Unfortunately, they also said some very unhelpful things - "How on earth are you going to cope with twins and work full-time? I don't see how you're going to manage." I started to think I really couldn't do it on my own ... and then the help stopped.
People went back to their lives. But I felt entitled to their help. I started to become bitter. When I finally realized that and crawled out of the self-pity hole I'd been digging, I took initiative. I started figuring out how my husband and I could cope alone. And how we can try to get ahead.
I think the best way is going to be through Steemit. I just read your "trending" post (congrats!) and that was encouraging ... and then I read this! <3 I don't have money to put in Steem right now but I have a little time ... and this is where I'm going to be investing it!