You are viewing a single comment's thread from:

RE: Is the Steem social contract being abused? Steem funds are to be used to sponsor unrelated projects.

in #steem • 8 years ago (edited)

I agree that charities might qualify as noble exceptions. And I also agree that it's a touchy subject - I believe I know the answer in this case but I'm not sure really what the consensus is.

Bitshares will end up helping steem users so they have decentralized way to change STEEM into BITCOIN, or even USD directly in the future via gateways. So it's a little different.

That's my dream too: Steem and BitShares working together for the same userbase. But the thing is by sponsoring BitShares directly like this we are abusing intentions stated in Steem's whitepaper and thus we hurt Steem's image. We help BitShares but hurt Steem - that's not a healthy relationship.

And by saying "abusing intentions stated in Steem's whitepaper" I mean this: the whitepaper says that Steem is a mechanism which constantly redistributes funds from those who contribute less to the system to those who contribute more. @jonnybitcoin's post clearly does not meet this criteria - he just asks for money without even trying to contribute anything to Steem.

8 years ago in #steem by
$0.00
    Reply 2
    Sort:  
  • Trending
    • [-]
     8 years ago (edited) 

    You said:

    sponsoring BitShares directly like this we are abusing intentions stated in Steem's whitepaper

    Then you said:

    the whitepaper says that Steem is a mechanism which constantly redistributes funds from those who contribute less to the system

    However, Bitshares will contribute MORE to the steem system, by aiding users who will obtain their first virtual bank account, and first virtualized decentralized exchange, to transact with Steem.

    So in this specific instance, promoting Bitshares via Steem is not against the whitepaper, and should be supported.

    I think you're on the right track. Just you and I differ with regard to Bitshares. It's a bad example to promote your case.

    It would be much nicer to have this same discussion with a more flagrant and easy to spot "abuse". Like hey everybody, vote up my post, and I'll get a tattoo on my butt. That's something that doesn't help the eco system evolve, or contribute to the benefit of the steemit community. That's obvious. It's your post. Have the last word. Glad we could hash it out a little. :)

    $0.00
      Reply
      [-]
       8 years ago (edited) 

      Like hey everybody, vote up my post, and I'll get a tattoo on my butt.

      If it was a Steem tattoo, I'd upvote it myself!

      Have the last word.

      So this is my last word: BitShares has its own mechanism to raise funds (worker proposals) and @jonnybitcoin doesn't give a shit about Steem (that's my assumption - I might be wrong!) and is just using his private relationships with the whales to get some funds out of Steem. Funds for a good cause but raised in bad way.

      This is quite pathetic - those whales are really rich (in terms of Steem), earn a lot each day by running their witness nodes and they could really do the BitShares fundraising in a much better style.

      As it is, it just leaves a bad taste in my mouth. Nothing to be proud of.

      $0.00
        Reply