@fulltimegeek Gave All His Money Away!!!!! Who The Hell Would Do That? A Whale Who Understands And Cares.
How do you have an account with almost 360,000 Steem Power and your vote worth next to nothing?
The answer: give all your money away.
Sounds crazy doesn't it?
This is exactly what @fulltimegeek did. He delegated over 359,000 of his Steem Power to others.
Ah, of course you say, he is renting it out. No, notice I said give. He delegated most of his Steem Power to others free of charge. To my knowledge, he has not charged a single person for the SP he delegated. Naturally, he still owns it (he cares, he isn't trying for sainthood). However, he simply believes the best way to build long term wealth on the steem blockchain is for many to be involved. He is using the approach of empowering others to eventually empower himself.
I must admit that I might not be the best one to write this post in an unbiased fashion since @fulltimegeek delegated 5,000 SP to yours truly. Nevertheless, I can tell you the difference it has made in my life on here and those I interact with.
To start, my voting power went up. At that time, it doubled my voting power. That was a huge difference maker for both my curation and the value of the upvotes I give. My personal code is that I upvote every comment made on my articles. Therefore, unless something is just outright stupid, everyone is getting a vote. Commenters on my posts get to share in the wealth.
In addition, I committed to helping @mariannewest get to 1,000 SP by upvoting two of her posts at 100% each day. This is part of the @1KSP program that I mentioned in a post a few weeks back. While others seem to lose interest, I keep hitting her posts and, I am glad to say, she is closing in on 1,000 SP. I already have the next person in mind to help out.
Finally, it verified my belief and posts that I wrote about whales. I have defended whales for the past few months. It seems many want to attack them for not behaving in a manner that takes others into account. The truth is I see many whales doing all they can to help out this site. What @fulltimegeek is doing is just one example (by the way, @stellabelle is doing the same thing). Of late, I received a number of upvotes from whales and what is interesting is many of them are at 10%-25% voting power. In other words, they are upvoting a lot. @jerrybanfield, for example, will upvote anyone who puts his name in the tagline of their post. I also know of another whale who I will mention in my next post who is maintaining a site that few are aware of (I wasn't until recently) but is of great benefit to the community.
I think in this instance, we can say @fulltimegeek really put his money where is mouth is. Why would he do this? I believe the simple fact is that the 50 or so people he delegated SP to can reach a lot more people than he can himself. Through his actions, he is multiplying the reach of his power. Without ever having met him or chatted with him, I can already tell he cares....a lot.
I make it no secret where I think the steem blockchain is going and, hence, the price of STEEM. $100 by the end of 2018 is my target and I stand by that. In the end, @fulltimegeek is going to profit handsomely from his STEEM holding. However, I do believe the path to that level is made easier through the actions he took of delegating his SP to others.
Excessive? Maybe. Effective? Most definitely.
And everyone who has any STEEM should profit from this.
Please remember this article and the actions of the ones I mentioned in here when you read someone attacking the whales or feel the desire yourself to vent how unfair things are. Do not let the actions of a few tarnish your view of the whole. Most of the whales I came across are extremely committed to making this site and the steem blockchain successful.
If you founds this article helpful and informative, please give it an upvote and re-steem.
Pictures by google images.
I liked I think in this instance, we can say @fulltimegeek really put his money where is mouth is. Why would he do this? I believe the simple fact is that the 50 or so people he delegated SP to can reach a lot more people than he can himself. Through his actions, he is multiplying the reach of his power. Without ever having met him or chatted with him, I can already tell he cares....a lot.
This is honestly why I love. On the one hand, a lot of sites with power users end up with power users who don't care about the platform. And on the otherhand, most cryptocurrencues end up with whales that don't use their holdings to the benefit of the currency. STEEM has created a system where @fulltimegeek 's generosity... is financial intelligence.
@oussama2017, he cares a lot for this platform and for the people in it. He knows we are not just usernames but people. I am one of the beneficiaries of his delegation. The day I got mine I was busy and something made me go to steemd.com, I thought I had somehow logged into another person's account :) Giving all your hard earned SP away till you are empty makes you a wonderful altruistic individual. Thanks a lot.
I think you're doing a good job! (that's why I'm following you for a while now :P)
Thank you @skytrex.
Good job yes...unbiased when it comes to @fulltimegeek? Perhaps not.
But what the heck, he seems like a good apple so I posted anyway. :)
Your bias is toward raising the value of STEEM. Don't think anyone here minds that. ;)
I've only been around a couple of months, but I have seen a few fabbo whales who really try and help Steemit and us wee fish in the pond. You can't judge a whole group by either end of it's spectrum, the nice people or the jerks. I love hearing stories about the nice ones, though!
Very good point @phoenixwren.
We cant judge all as a group. As I state, I think most of the attacks are out of jealousy. I am continually shocked when people talk about whales like they are selfish and only care about their investment. To start, why shouldnt they? They put in money, I am sure they want it to grow. That is only natural. I know I feel the same even though I dont have nearly as much on the line as they do. Secondly, most realize that their payout is going to come the more successful this place is. Sure there could be great debate about how to achieve that and, I am sure, those chats can get pretty heated. Nevertheless, do not mistake a difference in approach for a lack of caring.
Wow! Talk about someone who sees the big picture!
I’ve been telling my friends about Steemit, myself. I’ve already brought 3 people here, hopefully there will be more down the road!
Great work @shaunegrow...each new person helps.
Make sure they write a post and put it up in introduceyourself that helps to get them going and gets them some steem right off.
I think it is safe to say there will be a lot more on here.
And yes @fulltimegeek along with people like him such as @stellabelle really do see the big picture.
We are blessed to have them on here.
What an absolute legend FTG is, and if he isn't already, he will be when Steemit rises into the mainstream because of acts like this.
I can visit posts and gift enough for a new starter to wake up wanting to write and improve and get involved in the community, thanks to this guy.
Arise sir FTG!
@fulltimegeek and others like him are going to end up as Steemian legends.
I wrote a post the other day about @surpassinggoogle and why I voted for him as a witness....what a marvelous man he is...and from the comments others agree.
It is people like that which makes steemit a great place and why this place will excel.
Yes, @surpassinggoogle has also been a great asset to Steemit. Thank you both!
I heard about this thru @Hendrix22 and @lyndsaybowes... I think what he's doing is a great thing for everyone involved.. it is obvious from his choices that he is very smart
Thanks for sharing @taskmaster and passing on the gift of kindness that you received. I applaud @fulltimegeek "Paying it forward". The point is not to pay back kindness but to pass it on. If you get, give. If you learn, teach. If you want more kindness in the world, put it there.
Thanks @westfieldway.
I cannot add anything to this: you summed it up perfectly.
I usually defend them. What people do not understand is that many of those whales really invested their money in Steemit because they are interested in the community to grow and to be able to earn more money. It is mainly whales that drive the market upwards. And if it falls, they are the biggest losers.
Without discriminating against anyone else, but it really bothers me when people want to establish systems of resditribution, or regulations in something as free as is the world of cryptocurrencies, and especially Steemit. I think that precisely to escape from those things is that we are in this world, no?
Absolutely. People want to attack many whales because "they were fortunate to be able to buy in at 6 cents".
Yeah after falling from $4, how many would have bought in. They were not fortunate, they took a risk in something they believed in.
Many whales have a lot of money riding....and by the way, putting money up for STEEM a year and a half ago, no matter what the price, was a riskier proposition.
"they were fortunate to be able to buy in at 6 cents" well that's what they do not understand, it's not about luck, it's about risks.
It is still early to buy, maybe they wait for it to go up more simply to complain, because it is what they want to do.
I wrote a post about that idea when STEEM was at 85 cents a few weeks ago stating that people who complain about the 6 cents will be complaining how lucky those of us were when STEEM was at 85 cents.
Of course, they werent buying at that price either.
if anyone deserves the delegated SP its you bud....keep up with the great posts...my small brain is getting excercise...
I will say this for you @tt-dogg, small brain or not, you know how to work that upvote button running your VP down to 10%.
You are passing it around and you got all my respect for that.
If 20,000 people on here voted even 10% as often as you did, we would see the rewards pool filtering to most everyone who comes on here.
just trying to spread the love...!!
Wow.
Thank you for posting this!!!!
I did not know @fulltimegeek was SUCH a hero!! :)
Def resteeming this!
Thank you for doing that @ashleykalila.
Now you do. :)