RE: I Will Upvote Constructive Comments by 5-10 Cents - Let's Improve Content on Steemit Together
It’s distracting actually to have to remember to think about voting, because it is supposedly the obligatory mechanism for making the monetary incentives work around here.
Money is society’s information system for identifying and incentivizing the productive (notwithstanding problems of corruption of money systems which distort the information system and cause misallocation).
Voting as a monetary signaling system is not very effective nor efficient. Democracy has proved that. There’s nothing voting ever does efficiently. “Elephant: A mouse built to government specifications.”—Lazarus Long. Groupwise decision making doesn’t exist. A group can only disagree. Consensus is a way of not testing our disagreements to see which is the most productive. Consensus thus destroys production. Democracy basically exists as the alternative to civil war, but it only works for as long as we can fund it with debt.
P.S. I read your informational blog post about Portland. Never tasted MJ, never will. I don’t even drink alcohol any more. What is going on in the USA now is far from my experience there in the 1970s and 1980s. If you’re interested in exploring other cities, I was born here.
Hey @anonymint, you bring several good points to the table when describing money's function within a society. In that sense value is indeed arbitrary. (just don't prefer the idea of vote for vote or pay x amount SBD for upvotes)
I can agree that if everyone agreed on everything all the time, there would cease to be any growth within a society. Your reply interests me, as I'm currently taking World Civilization as my History requirement.
In terms of Steemit, all I am saying is that I don't think some people take it seriously enough and share regurgitated information to try to make a quick buck and are not seeing the whole picture of the long-term.
Oh! In the islands we have our own kinds of comfort foods as well, I always wanted to visit where you're from. Good guess! Unfortunately I am not Filipino c:
Cheers!
Indeed. That is why I proposed a different mechanism for incentivizing onboarding, which I posit will incentivize us to invest in the long-term growth of the paradigm.
You nailed it. Nature requires defection else there can’t be any change. Change is required for adaptation and resiliency. OTOH, society requires some mechanisms to prevent defection, to the extent that capital needs to be aggregated for some outcomes (e.g. putting a man on the moon or industrialization). A goal I see for decentralization and our lurch out of the industrial age is reducing the monolithic capital requirements.
I suggest Martin Armstrong for an alternative take on world history. Wikipedia will tell you a lie about him. Dig if you shall find.
As I remembered it, it was very informal, lack of pretension, and uninhibited, especially in the non-white venues. My mother put it best when she explained to me she was just standing along the road not intending to catch a bus, and the city bus stopped, door flung open, and the lady driver exclaimed, “girl you need to get on this bus” in an affectionate demeanor.