Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

danuse.png

I guess, @dan. Wait, proven? That might be overstating things. Anyway, there's an out-of-band method for self-correcting this problem. Mr. Market can make his 40% worthless if it comes to that. I really don't think Dan has any faith in Mr. Market, at all.

... I'm also lost on if it is 40% or 51%...

If he has 51% then he has 40%. Maybe Dan only approves of him having 11%.

the problem is that the steem power basically decides where the market power is. so he would be right in "not trusting the market". in a way it's just @ned jerking off with money, excuse the vulgar vocab.

Huh? What mechanism does STEEM Power decide where this "market power" is? What is "market power" anyway?

well, it's basically a wild card always giving you a more than 50% vote. the biggest whales can always turn the tables. but I might be wrong :).

Yeah, that's not what I'm talking about. I'm talking about the price of STEEM on the various exchanges. If a majority stakeholder's actions are egregious enough against the platform, they could negatively affect the price, which is a good thing because it would ultimately impact distribution.

So the goal of a majority stakeholder is not to let that happen, for the sake of the platform. It's their stake, so it's in their best interest.

Loading...
Loading...

inertia: This meme is about Dan
arrowj: I am starting to understand inertia
inertia: and then reserve stake...
arrowj: Nope. He lost me.

  ·  7 years ago (edited)

Hehehehehe... he actually lost me totally with that statement too.

That's how I feel most of the time when I discovered the blockchain technology and everything that's going on inside it.
im-so-frickin.jpg

hello dear i am a student i have many probleams if you help me some up vote than i am very happy thank @inertia & @dmania

My whole life's flashing before my eyes.

You'll soon get flagged for personal aggrandizement 😂😂

I like this funny.. thanks for sharing this post.. best of luck my dear friends..

Ha ha ha ha . . . Sorry, What does it even mean? Oh, I lost. ;)

Making a post on dmania is somewhat hard for me but this post is really confusing but i hope to decode it like a decoder.i am learning though

damn man what are you saying

  ·  7 years ago Reveal Comment

Hahahah...Lol @inertia

mr. market gained profit

@Dan Upvote Me, It's basically like hitting the lottery!

Thanks

Nice @inertia

very inspiring, stop at account @ftryfitri aids vote yes

Aids?

Very nice post.. I like your blog.. Regard @atjehsteemit

nice..

I am simply interested in two thing. Will Steemit stay and how can I use it.
That I would like to know. Understanding such a complicated thing, is just not my thing.

Seems like understanding @dan is like understanding girls !!!!!😛😂😂

E9213524-6239-46C3-9079-FE6B41F42CD9.png

nice post