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RE: My buddy @timcliff thinks investors are key! I think seeking steem investors puts the cart before the horse...

in #investors6 years ago

Well, unless you have those people “just buying STEEM” then the amount of rewards that the community will have to earn will be significantly less.

An investor actually pours forth funds to projects and developments.

No. That is not the definition of investor. It is the type of investor that you want, but it is not the definition of what an investor is.

Everybody wants more engaged stakeholders who take an active interest in the long term success of the project. If I had a choice, I would want all of our investors to be that type.

Unfortunately though the reality of the situation is that there are not enough people with millions of dollars lying around who want to put that money into a super risky investment and then have to do a whole bunch of work on top of that to get a ROI.

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No. That is not the definition of investor. It is the type of investor that you want, but it is not the definition of what an investor is.

I don't care what the dictionary definition of investor is, Tim. I want to know what, who, or whatever is an investor to you in this context.

If there's nothing specific, then the upcoming campaign you are running just seems like a quick pump for morale. They'll cash out before anything gets anywhere; maybe even leaving this place worse off.

Before you say join the Discord, no. I would like to see your vision immortalized on the blockchain, @fulltimegeek style. What exactly are you trying to attract where STINC failed?

I want to know what, who, or whatever is an investor to you in this context.

Someone who is interested in buying STEEM.

They'll cash out before anything gets anywhere; maybe even leaving this place worse off.

Many investors are interested in buying and holding a coin until it goes up in value. Going after that type is not necessarily bad.

I would like to see your vision immortalized on the blockchain, @fulltimegeek style. What exactly are you trying to attract where STINC failed?

As far as this campaign, I have already spelled out my objectives and methods. If you are not interested in participating, that is totally your choice.