The Virtue of Selfishness on Steem
This is a separate post response to this post by @steevc on the question of HODL SP v. Power Down.
The original post was about leeches who are abusing the system / or otherwise gaming the vote system in order to extract value without providing anything in exchange.
In essence, I agree, but I feel like more attention ought to be focused on the nature of the culture of mutually beneficial exchange, and less on the punitive / shame / guilt concepts associated with taking profit / accepting rewards from the Steem Pool.
Original Post Here:
https://steempeak.com/steem/@steevc/dealing-with-the-steem-leeches
I think there ought to be some kind of cultural awareness and balance of the fact that people are actually attracted to Steem because they can be rewarded for sharing the content that they create.
You acknowledge this with your "give and take" comment -- but at the end of your article, you sort of extole the virtues of being a good steemian and just HODLing and growing SP to the point where you're able to continue to offer more to others.
I've also seen posts where people are presenting themselves as 'shamed' because they are powering down.
It seems like there's a pretentious culture within steemit that claims that the reason that people are actually attracted to steemit, ought to be put off indefinately. And then people brag about how long they lasted before powering down. I just don't see any reason why this ought to be a point of shame -- like, you earned those rewards. Use them well.
Wouldn't it be healthier just to ackgnowledge that the rewards are a central component of the system here, and that rewards are only useful if you actually take profit, and buy groceries, or pay bills, or invest in your business?
I realize that people who are gaming the system, or at least trying to game the system -- and I understand why the downvotes and public shaming are being directed toward these people.
I just think that in addition to these sorts of punitive measures, there ought to be some more honesty and integrity in the discussion about the reality of the self-interest of each person who is involved on the platform.
Maybe if there was a healthy balance of celebrating income gained by Steem -- Income that was actually used to improve the lives of Steemians, a sort of principle of reciprocity would take place, and then there would be more of a deeper sense of community?
What's more, is that each person's financial state is different, which means that some people are going to need steemit as a source of more immediate support [I think a poor decision], but it just seems like there's a posturing culture here about how good steemians deny the impulses that motivate people to join steem.
It just seems like there ought to be more of a healthy discussion / culture about "Steem helped me get crticial hardware updates for my business," or "Steem helped me pay groceries," or "Steem helped me save up for a marketing budget for my major project release, which I then leveraged into more income via a crowdfunding campaign."
I've only been on the platform for like 2 months now, and we're pretty much at the end of a bear market, it seems -- so it would make sense that this is not discussed -- but I would hope to see posts like that being valued as well as the HODL your SP posts. -- if only for the honesty.
I guess I wished that this dimension was more fully explored in your article.
I wish people validated healthy acceptance of rewards, rather than trying to shame and guilt people into HODLing so the price of Steem goes up.
The issue really ought not be that thorny -- It's the basis of the whole platform, but all I've seen are posts about shame about powering down, and guilt comments about not choosing to stake rewards,
It's kind of obvious that you get more 'friends' if you give out more steem, and you get to be leaders and build communities / hives and you get to make people's day by being a whale or building out a curation trail or whatever.
I guess I'd be curious to overlay the Maslows Hierarchy on top of the SP type of Fish / Marine Mammal club, and then hear more stories about productive / responsible uses of steem rewards, and less posturing or dismissal about one of the core principals of the platform.
I think it's healthy to have these conversations. Ultimately I'm not worried about Steem.
The tech is solid, and the market will discover that in time. I do worry about people who cash out a large amount of STEEM for only a small return. I don't shame or guilt anyone for doing so, but I absolutely encourage everyone to hold if at all possible, for their own sake.
Yea -- Agreed. I think that sort of situation is mostly about a lack of options, or a lack of foresight. It's pretty obvious that the amount of money you can get from a short term thing, and the amount of time it takes to get it out, and the amount of effort it takes to build.
When I first started I thought this would be a great source of working capital for my art business, but I'm seeing more and more that it probably works better as a long term deferred payment / investment account.
People need to successfully long term plan, and secure funding elsewhere so they can let the investment account accumulate and mature -- .
That's for sure.
Thanks for the comment.
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I have converted about 99 % of my Steem to SteemPower. I have been doing this since June 2017. I post several times a day... my artwork, my photography, my videos, my crypto views.... all Original Work.... after almost 3 years here I now have 6,200 Steem power. My vote at 100% is worth about 4 pennies...... yikes.
So, lately, I take out 5 Steem every now and then.... send thru Blocktrades to buy Ethereum. I used to earn $10 on my Steemit posts a few years ago. Now I am lucky if I get a few pennies. I think I don’t write enough words. I am an artist also, but gave up doing and posting my paintings since I didn’t make very much anymore. Luckily I have a little Bitcoin. Maybe some day I will be able to retire.
I think diversification between ETH and STEEM is a good idea.
There's a lot to be said for creating projects and selling them for ETH, I think.
It just requires that you take the NFT idea to a project execution level. I'm going to be experimenting with this in the next few months with a graphic novel.
I'll likely report on the process / results.
Excellent. I am hoping I can get my Steem earnings up some more. Maybe I need to go back to posting my paintings. Nothing else much working here for me anymore.
Yea, I think a lot of people really ought to be thinking in terms of large scale projects, rather than one off paintings. It's just got way more commercial viability and the burn lasts longer. There's more value created -- you just need to be thinking like 6 months at a time instead of 2-3 days at a time.
It's possible to kind of eek by on 1 month at a time, but that's really kind of a hamster wheel, in my experience.
Seems far better to work 3-6 months at a time to start out, and then see if you can make that work for you.
And if that works, then maybe even push it to one major project each year, combined with multiple platforms of income.
Ko-fi
patreon
Steemit
Hideout
skillshare
teespring
shopify
Ethereum NFTs
etc etc etc
Like pick 3 and excel in them.
Something like that.
I agree with you on this platform being about the rewards and that it's better to be honest about it. Nonetheless, it's also good for the community to go beyond the economic part and demand quality content so that ultimately we all benefit from a platform that offers value to creators, investors, and consumers. But yeah, shaming and guilting about what you do with your rewards isn't very useful.
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Yea - I think there's probably room to do some interesting things with community here on Steemit. I'd like to figure out a way to merge creative projects with community challenges somehow. That would be neat.
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