Steem Basic Income (SBI) - Interview with @dynamicgreentk
Steem Basic Income
Steem Basic Income is a social experiment to bring a basic income to as many Steemians as possible. Members join by sponsoring others into the program. Steem Basic Income is delivered through providing regular upvotes to member content.
Welcome to @steembasicincome's first member interview!
To provide more interaction within Steem Basic Income (SBI), we are starting interviews with prominent members of SBI!
We hope to bring a greater sense of community, get to know our members, and gain a better understanding of why Steemians are choosing to be a part of SBI.
@dynamicgreentk is a stay-at-home dad who does not want to have a full-time job just to send his kids through America’s worst School District. He is trying to find a sustainable long-term solution to allow him to stay at home with his children. Steemit has presented him a lot of possibilities to achieve this goal.
He created the Dynamic Steemians. SBI has been fundamental to their community!
This interview was conducted by @soushi888. @soushi888 is a saxophonist and a blockchain entrepreneur who is passionate about the possibilities. He is actively looking for solutions in all sectors of the modern society. Steem and SBI is for him among the best economics solutions actually in operation.
On Steem he shares his music, translates pertinent articles from English to French and manages the Steem Québec (@steemquebec) community by organizing meetups, writing newsletters, giving Steem conferences and sharing SBI shares!
@soushi888: What do you think about Steem and Steemit?
@dynamicgreentk: I think that Steem/Steemit is exactly what the world needs and will help (and is helping) people to prove that they have a brain. Not having to compromise themselves as an individual, to do jobs that they are not happy with or that will ultimately dumb them down because they are not using their brains in the way they want to.
I saw a problem but found a solution to it.
The bid bots!
I was seeing 300% returns in Dec/Jan of 2017/2018, thus getting my liquid earnings back... And most of my profit in SP. However, the platform grew too quickly and ROI was no longer as easy to achieve with bid bots, so I found an even better solution in @minnowbooster. At the end of January, in 5-6 weeks I gained 500 SP fairly quickly, but then a major problem occurred. I started using DTube and I saw my liquid earnings quickly disappearing.
Not knowing what the issue was, I looked for safer alternatives as I wanted to do more than post promote. @dynamicrypto (my friend and landlord) was already looking into @steembasicincome.
I took one look and understood math enough and saw his account with no flags and @earthnation support. In my view, it was enough to make the financial bleeding stop.
Later, I found out DTube was taking 25% of rewards. I was pissed as I felt conned, especially for a platform that took 6 hours to upload a 5 min video that half the time wouldn't load anyway, plus more often than not my videos were deleted.
I would probably still use DTube if they were more upfront with their policies. I really enjoy reading the creator’s posts, as he really is crazy smart and cares immensely about the Steemit platform.
@soushi888: What kind of steemian are you? Would you like to tell us about your project Dynamic Steemians (@dynamicsteemians)?
@dynamicgreentk: Well, I'm a stay-at-home dad who does not want to have a full-time job to send his kids through America's worst School District. I've been desperately trying to find a long-term solution that is sustainable, to better allow me to stay at home with my children. Steemit, from day one and with each passing day I'm on it, has presented a lot of possible yellow brick roads to achieve this. I'm the kind of person that loves to work. I find a lot of value in myself from completing tasks and jobs.
This is what I love about Steem; that you can work and improve and learn every day and actually earn money. However, it's a bid bot world right now on Steem, with the exception of a few groups emerging to nurture the proof of brain concept Steemit was intended for...
I never was exposed to any groups that wanted to help or properly explain what the rules were. It was always a random whale fight or weird Grumpy Cat rules you never really understood because they were always changing.
I created Dynamic Steemians in direct response to joining a group that has good intentions but did not really nurture the “proof of brain” concept for Steem. It really discouraged me and a lot of others in the group. Essentially this group was just throwing money at people and trying to make them dance and perpetuating the bid bot “Steemit is only about money” perception. They even had a bot giving 135% returns which was obscene to me.
So I created a server to model my view of what I wish was taught to me when I first started, and to stop people from making the same mistakes I made… like shit posting and promoting.
@soushi888: How do you understand the Steem Basic Income programs? What do you think about it, his (@josephsavage’s) impact on Steem? Notably by comparing it to bid bots :p
@dynamicgreentk: Steem Basic Income, I don't even know where to start. First off, he has relieved a lot of anxiety from my postings. I feel as though I do not have to spend hours and hours making it sexy to make Steemit work. It's really because I see such potential in Steem and the Steemit platform that I see it as a way to cement my long-term engagement into Steemit, from the lifelong upvotes to the way that they increase in value as the price goes up, it will just be that much easier for Steemit to become that a sustainable and long-term solution for me to stay at home with my children and raise them. The only thing that makes me nervous is potential Hard-Forks, and what seems to be a lack of vision from Ned, or rather the delay in the supposed huge impacts SMTs will have.
Steem Basic Income has allowed me to take the risk out of investing money I don't have (and time it takes) to use on bid bots. Steem Basic Income was especially key because when I started using DTube and having my money being taken the price was also dropping, so post promotion became extremely not lucrative.
It really made me irritated because there was no education or warnings to new people other than Grumpy Cat, which was just a vague warning that a lot of people misunderstood or never really understood at all.
I was able to clearly see the money I was losing and how I was losing it, especially after I found out DTube was taking a percentage.
Steem Basic Income takes a lot of risk out of the equation, other than potential Hard-Forks that could disrupt payout systems.
I'm not trying to instill fear but without proper communication from the Steemit people on solutions to clear problems happening in the platform, one can only be left to assume things.
But I am not worried about any of this, because @josephsavage has explained Steamit to me better than anyone out there and gives me a lot of confidence and hope that he knows what he is doing and has a good grasp on potential things that will happen, and how to have solutions for them.
Which is why I am excited about the future Steem Basic Income improvements.
Soon we will not even have to post every day to see our SBI upvotes, we can engage with the community and comment, which is currently my strong point.
@soushi888: How did you join the program? Did someone sponsor you?
@dynamicgreentk: When I started to use Steemworld to investigate where my liquid money was going by looking for flags, I noticed "SBI3" votes. Apparently, I was receiving them for a long while. That's when my, landlord/brother from another mother/coworker/my kid's uncle, started to look closer into it and threw it in my face. He suggested it might be the best long-term solution but was too busy and asked that I further look into it. It took only an hour of reading through for me to figure out it was our answer. Months later @josephsavage investigated where I got sponsored ...it turns out @sneakyninja (Ed. note: now @thedailysneak) sent a share to me.
@soushi888: Ho nice! And now, in how many pools are you?
@dynamicgreentk: Currently 5, maybe a little in pool 6. The goal was to continue using payouts to buy shares for each pool. When the price dropped, @dynamicrypto and I went all in from 3 pools to 5.
@soushi888: Thank you. How does SBI help your project?
@dynamicgreentk: SBI has been really really key and fundamental in this community @dynamicrypto and I have built!
It has allowed me, the manager and founder, to have greater financial flexibility in providing some sustainability through "perks" to help employ a few individuals in Nigeria with SBD payments. One in particular is trying to buy a mobile phone with his daily work for us.
@dynamicrypto typically puts up the money he withdraws from his retirement savings to help the group lately in a variety of ways. So it especially helps me take financial stress off of him.
@soushi888: Very interesting! So it has a direct impact on the living of your community!
@dynamicgreentk: Extremely! Especially for those in Africa. The exchange rate for a lot of currencies in Africa for STEEM is very beneficial for things like food and things they can purchase from their local economies.
At one point, 13 SBI shares provided a 0.13 upvote daily for a Nigerian member. Now that was huge. It adds up and encourages more Steemit activity. I've been informed that 1 STEEM can buy 3 meals in countries like Kenya and Nigeria. I'm sure there's a certain amount of relativity, i.e. quality of food, but it's still promising.
@soushi888: Do you participate/organize SBI contests?
@dynamicgreentk: Not as much as I should, in my opinion. We had some stand out individuals I've been giving money to for all their hard work. @dynamicrypto has a contest no one took advantage of fully... Bring 10 people into our discord and receive 1 SBI share, bring 100 receive 10 SBI shares. @dynamicrypto also donates SBI to various contests, especially when asked, hint hint... I will simply award them to active people within the community as they become more involved.
@soushi888: Ok, let's go for the last questions, but not the least: How do you see SBI evolution?
@dynamicgreentk: It's limitless with someone like @josephsavage running it.
It will evolve and always for the better as he designed it that way and only has the best intentions for everyone a part of it. He truly believes in it and Steemit.
@soushi888: Do you have a suggestion for him?
@dynamicgreentk: If he has to turn off phone or computer for wife, please do it! @josephsavage you work too hard in real life and here on discord, and your SBI program!
Take maternity leave with the wife.
Enjoy this amazing time with wife and child.
It won't last.
@soushi888: Thank you very much for all your pertinent answers! I wish success to all your community!
@dynamicgreentk: Thank you!
Enrollment
If you want to get involved, or to increase the share of basic income that you receive, enrollment is pretty straightforward:
Just send 1 STEEM to @steembasicincome. Include the name of a Steemian to sponsor in the transaction memo (preceded by @). You and the person you sponsor will each receive 1 share in the program. You can sponsor any active Steemian, it does not have to be a current member.
If you're unclear, please check out our full transaction memo guidelines and then let us know if you have any questions.
https://steemit.com/basicincome/@steembasicincome/steem-basic-income-new-transaction-memo-guidelines
The official currency for enrollment is STEEM. We are not currently accepting SBD for enrollments.
Questions?
Please read our recently published FAQ. Most questions are addressed in our FAQ or in the additional resources that it suggests. To review your share counts, we explain our tracking sheet here. If you still have questions, ask in the comments section or join us in our discord channel.
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Thank you!
I’m so excited to comment on this post. I love your mission as a dad trying to be as closest as possible to your family. I do hope Steemit will fulfill your wish. Thanks for guiding us in DS discords. There is something I haven’t tell you yet. I have been looking around for possibilities to be at home in a long term with my wife too. Life has been harsh to us make us separate because we have to work in different cities, and that’s one of the reasons I started with Steemit.
Thanks to SouShi for letting me understand my boss more with more clarity about him.
Great interview indeed! I thought in the last question Dynamicgreentk would suggest something to improve SBI. But he was right! Been heard of Joseph as a hardworking man for our community. Take some rest man! Take some rest:)
Wow. I did not know this. This was an admission that watered my eyes. I feel so connected to you in our lives together as family men.
:) Thanks. Mad respect to your patience and how you react with your life. That’s what I’m trying to learn from you.
Modern life! It takes us away from our wives and kids, makes us live and eat unhealthy, always in a rush and stressed...
I'm traveling almost 80km a day (each way) to go to work, leaving the family at home. I've tried to find a job closer to home but have ended up going away again for a better position.
Good luck to all.
A man does what he must. Your sacrafice will not be in vain as long as you keep faith!
@dynamicgreentk you do work very hard for the community and all the best to you!
SBI rocks and I see a bright future for all who participate!!
You are an incredible person as well! Lots of inspiration I gain through you and your group daily!
Awww thank you!!
Your welcome!
A very logical explanation and will be very easy to understand by beginners, how should steemian it can grow and develop is to be in a community, so that every problem and solution given will greatly affect the development of each member, I really appreciate this activity, a tremendous effort from a @dynamicgreentk
And I appreciate your very kind and warm words!
Great interview! Great to learn about someone who I haven't had a chance to really interact with here on steemit. @dynamicgreentk think you have motivated me to find more ways to give even more SBI shares away. All I can say is wow...5 pools, maybe part of the 6th that is a serious commitment! But I agree that it's a much better investment then bidbots and long term a great way to have a sustainable boost to your posts.
Thank you for your kind words and amazing posts! Great work you do yourself!
Thank you. Guess you can say the contest is a work of passion. The hours dedicated to it to help out new members of steemit are well worth it when you get to read the comments they make on the entry posts. Pretty amazing how thankful/appreciative they are once they realize someone featured their post. Hopefully this keeps a few of them motivated to producing quality content.
Hopefully a lot more with the persistence that you have and talent of course!
Would love to have you join the contest this week if you have time. Great way to show some support for a couple of your favorite minnows! or stop by in a couple days and give some support to those featured. Adding some extra comments and even small votes on the featured posts really does help encourage newer members.
Are you member of our discord? I usually see all posts there in our post promotion area. Stop by and drop your contest link in the vip area...
Great interview. Its interesting hearing from others in this community. Would be nice to add 'ask joe a question' at the end.
In my opinion sbi is a great addition to steemit, the only thing thata may stop more new comers committing to sbi would be a large price increase in steem.
Keep up the good work
Thanks for your feedback! We try to remain accessible through comments and our new discord https://discord.gg/WWUNapu but it could still be fun to have interviewees leave off with a question for @josephsavage to answer in publication.
My question is this. How or will you adapt Sbi to the new token @ned is talking about for post promotion?
Just another SMT, except specifically developed by Steemit. Since it would not be stake-weighted, it would not scale to our existing model. However, we would probably pick up a few as our members continue to upvote our updates.
Most likely outcome is we convert those to STEEM and use them to power up the SBI 2.0 account that rewards community engagement.
But think about this... you create another token that does not impact distribution of itself (no stake-weighting), does not impact bandwidth, etc.
What gives that token value? Collecting as many as you can shows that you are a good person?
Unless other programs start using your stake in it as an input into their own rewards schema, there is no incentive to hold it, collect it, or buy it. No incentive to do anything but sell it. Maybe we should call it SteemitDogeCoin instead.
I love getting achievements from @steemitboard, but they don't pay the bills.
I'm happy with this news you bring Joe! Just so you know the achievements are meaningless next to the level ups!
Great stuff!
Spending that much payout into the system is either brave or smart maybe a bit of both. But the more I try to understand the project the more I think it is a smart investment.
I would say smart, but I could be biased. It's definitely a bold choice!
With no doubt, it's smart. Who's committed here now in the beta will enjoy enormous benefits in the long run. I just hope that the conversion ratio sbd/steem goes back at least to 0.90/1 .. any thoughs about why we are at a shitty 0.65? Buying an SBI now it's way more expensive...
Most crypto-currencies are sliding, but a substantial amount of STEEM is locked up as SP. So it's not sliding as quickly because there is less selling pressure.
Long run, it's healthier for the Steem ecosystem for SBD to revert to 1 and STEEM to be the strong currency.
As I thought.. so there's correlation to the market overall trend and it's connected with the discrepancy in liquidity. This is very interesting and the sbd steem in a bullish market is a bit like a tether dollar, hence the ratio gets favorable. Basically buying SBI shares is more convenient when the crypto market has spikes. Thanks for clarifying Joseph.
If your source for investment is SBD earned from posts, then it would be more convenient when SBD has spikes. Whether SBD continues to spike when everything else does remains to be seen.
Hi @steembasicincome, I just stopped back to let you know your post was one of my favourite reads and I included it in my Steemit Ramble. You can read what I wrote about your post here.
Join us on Thursdays for Pimp Your Post Thursday at 11am EDT or 7PM EDT in the Steemit Ramble Discord or:
If you’d like to nominate someone’s post just visit the Steemit Ramble Discord. If I use the post, you earn a portion of the rewards.
Pimp Your Post Thursday is a live curation show where you get to know others and they you. You can promote your post or someone you think needs more notice.
Woo! Thanks for your support! Great members like you are why we do what we do.
Is your cat's name Luv Dawn or Dawn?
her name is Dawn, she's just expressing her kindness.
Seems a very cool project @steemitramble, I got curious and will try to learn more about it. You may want to check my weekly fiction contest or I will put in evidence someone.. there are so many worthy initiatives out there.
Awesome project! Thank you for the interview @soushi888 and @dynamicgreentk! I understand the Steem Basic Income much better now and feel like it could really have a huge impact in Steemit communities and beyond! Personally, I am not sure who I could sponsor though, any suggestions? I am resteeming this post as it is very informative!
A lot of members host contests to decide who to sponsor. You could do the same, or start by sponsoring the Steemians that you most enjoy reading.
Great! Yeah, I am going to explore the options and a contest is a great idea. I think I'll do my weekly post on that. Thanks for the suggestions :)
Sounds great and inspiring words too..