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menkaur (25)in #steem • 8 years ago
RE: Justification for 104 week Power Down
Here's what really happens when you block people from withdrawing immediately and use average price for withdrawals: When price rises, people are dis-incentivized to withdraw…
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menkaur (25)in #steem • 8 years ago
RE: Blog rewards CAN’T be widely distributed
Actually, there is a solution to steem power transfer problem. Stop giving out steem power to new accounts and make Steemit invite only. If you want to invite someone, you just…
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menkaur (25)in #bitshares • 8 years ago
RE: Proposal to reward bitassets holders with interest!
Hell no. This sounds fucked up For there to be interest, someone must agree to pay it (e.g. borrow money). I'm looking forward to the time where we'll have bond market in…
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menkaur (25)in #liberty • 8 years ago
RE: The Wealth of a Nation: Why Capitalism Works
UBI? IF you want BI, why don't you talk to your friends and pay each other's basic income. No need to force it on other people
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menkaur (25)in #steemit • 8 years ago
RE: What Economists Don’t Want You to Know, and How Steemit and Cryptocurrencies Prove Them Wrong
Nice article, even shared it on FB. But I happen to disagree with you on that there isn't a single economic theory that is right. Austrian theory is right. Keynesian theory is…
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menkaur (25)in #travel • 8 years ago
RE: Siberia and the Far East travel guide
I'd really love to see more places and MORE pictures. There is some text, but when I read stuff about travels, pictures are the king
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menkaur (25)in #ethereum • 8 years ago
RE: Is Ethereum Classic The New Bitcoin?
The price moves. It's called volatility. ETC volatility is waaaay higher than BTC. Also, as far as I see, it didn't break the trend. Basically, the currency with the least…
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menkaur (25)in #steem • 8 years ago
RE: To new comer, Steem Power will increase by 1% a day or 900% a year
well, if everybody gets rich, there must be a problem with this scheme. Still, I'm very curious to see how it turns out!
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menkaur (25)in #steemit • 8 years ago
RE: Distributed Evolving Organizations
you can call those organization public contracts. The real sort, not to be confused with "social contracts"
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menkaur (25)in #steemit • 8 years ago
RE: Economist Guide: 3 Lessons Adam Smith Teaches Us
I was thinking about bots as well. I think that one way to go about it is to make steemit an invite-only system, where you would actually have to sacrifice your steem power to…
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