I read Steemit white paper the summary was awesome.
An important key to inspiring participation in any community currency or free market economy is a fair accounting system that consistently reflects each persons contribution.
Underlying most arguments against the free market is a lack of belief in freedom itself. Milton Friedman
What is a free market? It is a economic system where prices are determined by unfetered competition between privately owned businesses.
Yeah, and in a free market, you can't just go around saying, no that't not what it's worth and then down the price all on your own lol. If you don't want to buy it, then you don't. And as everyone stops buying it, it loses value and stop being made. Similarly, rewards are attributed to reward someone for their product created/worked for produce. Here's my vote. But some people don't have just one vote to cast in rewards to a product, they have 1,000,000 votes even though they are just one person, and they can just decide to not buy the product, but some want to decide they can remove votes to reward a product based on nothing other than their desire to see it not rewarded, meanwhile they go allocate votes for other products they want to reward that can objectively be demonstrated to add - future value to Steemit and are only successful because they play on gambling psychology to entice people to get something for nothing.
Does a community that gives votes to reward people for work done to produce value for the community from a community fund, want to support people who don't produce anything of value but run scammy free-lottery game-picks that take from that community pool? If you want to gamble, put up your own risk, and don't pay people out with the community rewards, but only pay them with the rewards that people pay into in that gambling crap.
I have a lot of written material here and there that I never coalesced and put out yet, so I really really get the problem here with this gambling crap.
In a truly free market the winners are what people will buy. But I think gambling, drugs, and porn need to be regulated but still legal, you know cut down on mafias. My husband's from the Netherlands lololol....
I've read several of your posts on this topic, but I love your consciousness and reality posts. I wish I was a whale, I'd be your benifactor.
Yeah... I used to have more support for the quality I bring... but... it seems to have gone *poof* for the most part. I put out video/audio on Belief and Speak Truth to Create Change... didn't get more support than my posts about newsy fluff stuff LOL. Ah well... thanks for the support!
We shall see how the wind blows, please keep producing stuff that makes me pull out my philosophy books and double check you!
Thanks! It's been hard with this battle going on, time and attention restricted. The more people that talk about this, the quicker we can resolve it. The less people that do, the longer it takes. I can't do anything on my own. We need to learn as a community and want to get involved to change things. All my main work since I got here is about that, to change velours as individuals in order to change the world. If only 5% of us want to get involved,then that's who will push forward to change things. Everyone else can do like regular society, and just sit by and do nothing. But I can't get people learn or want to get involved all on my own... It's very slow. More people need to care, get involved, and speak up to that more people learn about the issue and stop ignoring it and it snowballs to create the change we want. Thanks!