Vlog #45: Is it better to stay anonymous when you can create money out of thin air?

gigafart (57) · 7 years ago

Can’t watch the video on my crappy mobile. Wish you would type out a summary for me. Wait, maybe I should be funding that with an upvote here in the comments. Somebody?!

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4 votes

abh12345 (76) · 7 years ago (edited)

I'll give you a brief summary from my point of view but it's one to watch when you can.

This is one of the finest vlogs on steemit to date. Given by someone 99% of the platform can relate to, just an everyday guy who's always thinking (perhaps too much some days!) about the future of steemit, himself, and others involved here right now.

Discussed topics include:

Anonymity and a thoughts on the option to keep yourself that way if your face isn't already on steemit. (That's exyle and myself out of it then!)
Distribution of wealth via voting power (currently $30 at full power), the creation of money from nothing
Funding of charities via Steemit, or Projects of interest, wanting to know the Steem was going to the right place

Top vlog man, enjoy the sunshine while it lasts :)

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4 votes

hackerwhacker (58) · 7 years ago

well said.

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4 votes

randowhale (67) · 7 years ago

This post received a 4.4% upvote from @randowhale thanks to @hackerwhacker! For more information, click here!

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abh12345 (76) · 7 years ago

Cheers man, just my view on a very good vlog!

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gigafart (57) · 7 years ago (edited)

Edit: @exyle matched my upvote. What a stud!

Are commentGigs a thing now?

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abh12345 (76) · 7 years ago (edited)

I'm a bit taken aback here! Thanks chaps!

CommentGigs have been a thing for me, and i suspect other newer users, especially since the zoom in vote power - If your blogs don't get the hits (for a number of reasons), comment with some thought and effort on the blogs you are interested in eh! Still, this is a one off for me so thanks again guys! And yes, it'll be powered up in a weeks time!

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elderfinancial (56) · 7 years ago

Could not agree more!

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abh12345 (76) · 7 years ago

😲 😊 Thanks mr!

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juvyjabian (72) · 7 years ago

You can choose to share few for me too :)

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stackin (78) · 7 years ago

Here is some to get you started :) You'll be seeing me around lol

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gigafart (57) · 7 years ago

Bro do you even bizness?! You’re suppose to type out a summary and I pay you
xD

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stackin (78) · 7 years ago

I'm just "The Guy" trying to get into the "dolphin's circle"... not stepping on steemit veterans toes... just waiting for my VIP membership :)

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stevkay (25) · 7 years ago

u killed it

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rudystyle (58) · 7 years ago

How do we post videos and pictures of ourselves and be anonymous?

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lexiconical (72) · 7 years ago

Yeah, I think we're stuck choosing. In fact, if you communicate at all online, you are probably dox'able.

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luckysteem (51) · 7 years ago

With horse mask? XD

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rudystyle (58) · 7 years ago (edited)

lol nice but guess no one will take us seriously

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exyle (79) · 7 years ago

lol

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exyle (79) · 7 years ago

That's not possible I agree. For me it's more a realisation after the fact, now that I find myself in the situation I'm in.

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rocking-dave (57) · 7 years ago

Some of us just don't ;)

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tamsguitar (67) · 7 years ago

I can finally conclude this is my favorite video post in steemit so far. Because most of the Vlogs are about making more money and not about how to use the excess money for the welfare of the society after your needs are taken care of. Great thoughts I am from India and I am really happy to hear what you said.

You won't be able to find out directly who is in need but I am sure when there is a need in the society people who are associated with steemit can always ask for help and highlight the situation and finally donate the post payouts.

You talked about many issues in one post thus my reply will be longer, the payouts are going to come down and it's already showing. Sometime back when I watched your vlog from that time I am powering up. I too believe in it's future. And as you said some years down the line when the post payouts come down due to more n more users, then your idea of affiliate program will be handy i guess.

If you don't mind can i ask whether the ad you put up is working or not. And if it is then am I eligible to put up this or similar sort of ads in order to earn a bit more revenue??

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exyle (79) · 7 years ago

Thank you for your nice reply. I think a lot of possibilities regarding the Steem blockchain are still not discovered. I like to think about what could be possible and share my thoughts on my blogs. If this thing grows and grows Steempower can be used for a lot of good in my mind. I do like to become financially independent. It's been a goal of mine for a long time.

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yaan (59) · 7 years ago (edited)

Same thoughts here. i am not saying i'm perfect or saint, but want to be involved in charities to help sick children who can not afford expensive surgeries.
But well.. have to get to that point of financial stability first.

exyle (79) · 7 years ago

Yes, for me financial stability is key too.

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snailpath (47) · 7 years ago

Yeah - you are speaking out of my heart. Anonymity is a big question mark as user base and especially your wallet grows.

Much more interesting I find the thought about charities or charitable organizations and how they could leverage Steemit to generate support for their good cause out of thin air (which in my opinion is not out of thin air but from people's interset - mind-blowing!). We visited a few children supporting charities around Christmas last year in South Africa. I was just sitting here listening to you and thinking how amazing this could be for those organizations. Now with this power - as you call it - also comes great responsibility if this is to be used for real case charity. These organizations really need the money and so the donated / upvoted steem could not sit on the blockchain for long I guess. They would have to pull it out and use it in their SA Rand. One day we might have food suppliers, builders, electricity providers... that run their bills / operations over a blockchain but I do not see this happening very soon, especially not in SA.
ESH - sorry for the rant. Again - great stuff - keep going.

exyle (79) · 7 years ago

It's my experience that people are surprisingly fast to adept when there is business involved :) I know I would be with my business. I do have hopes for a Steem blockchain economy one day with more and more user adaptation. I don't consider your reply a rant at all man, very good reply and thank you for that.

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ducky9605 (48) · 7 years ago (edited)

Very realistic video @exyle ! Thank you very much for the thoughts and ideas. I would say, you're really a very good person who not only think of yourself but also the less fortunate. I'm always looking forward to hear from you and hopefully with the latest trend of payout, would soon be stable. You've reached the pedestal of your earning, a regular income, hoping one day, I too can reach that place so that, I can also share to those who really are in need. Just take care and to your family. Thank you very much again!

sqamemal (52) · 7 years ago

Anonymity was the main reason for the creation of cryptocurrencies. I just recently wrote a post about how crypto developers should be anonymous. This could also apply to big players or whales like you. But then again, would you have gotten the power to create 30 dollars by pressing a button if you were anonymous?

exyle (79) · 7 years ago

Yes, because most of the Steem I have I bought in the downtrend when everyone was selling.

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doctorjohn (62) · 7 years ago

My friend,
You will learn that not all charities are pure! You have the opportunity to find good people to support. When you find them, track them now when the steem price is low. I notice that you sometimes support your commenters. I am sure you know how to observe their past posts to see their gifts to the community over time. Everyone has a reason for being here. Look for good people now.

luckysteem (51) · 7 years ago

Hi, so if we would tell you, yes its better to ne anonymous...What would you do? Close this great blog and make another account? Please dont do that XD

luckysteem (51) · 7 years ago

*to be anonymous

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exyle (79) · 7 years ago

That's nice of you to say man!

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zneeke (58) · 7 years ago (edited)

Anonymity is a great tool, a powerful weapon and a great exploit if one knows how to use it and abuse it. It's both wonderful and scary thing all at once depending mainly on who uses it and how he/she chooses to do so.
Creating money from nothing. Not quite, not as I see it. It is created by some means, but people post content and fight for their share of the loot. They offer their hard work, friendly face, fun stuff or any other thing they feel that is needed and compete. Whales, and other powerful people/users that have greater share of SP can distribute and redistribute the rewards as they wish. They decide on how the loot is shared and distributed by using their power. They can use it fairly, or they can abuse it. Its up to them.
I'm investing in SP, I have a goal in mind and I'm highly motivated. So far I converted most of my earned SBD into SP. It'll take me quite some time but I don't mind, I'm having fun. I took 3 euros worth of SBD and rewarded myself with some ice cream last week.
Good post, great job @exyle.

rocking-dave (57) · 7 years ago

You raised too many good points in your video. I certainly agree that having Steem is the best way to make more Steem and this comes with a lot of power and responsibility.

I also love the idea of charities on the blockchain as this will make them incredibly accountable. That's a great idea!

As far as anonymity goes, I have always preferred it and I really don't understand why do people think that your introduce yourself post should include personal verification. I am happy to be here and to use steemit, but I have reasons to not want to reveal much about my identity. Is that so bad?

exyle (79) · 7 years ago

There is no reason the reveal your identity unless you want to. It's not bad in my mind.

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rocking-dave (57) · 7 years ago

I think so too. But when I registered, I read a lot of guides that were saying that you should get verified, that your #introduceyourself post should have a photo of you with something written by hand and so on. I get that the blockchain is supposed to be open, but that was something I really don't feel like doing and it felt a bit strange to see that. Then I realized that it wasn't really a rule and a lot of people simple didn't care for that just like myself.

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rockjon (60) · 7 years ago

Thanks so much for this wonderful video. I actually agree with a lot of your points. I was also thinking about how the rewards would be divided if there are an ever growing base of users as the reward pool is always a fixed amount per day. I thought at some point that Steemit might have to monetize through ads to get additional income for new users. However, what you said is also possible in that new users would be paid in fractional token amounts that are worth more. I think you are definitely correct in saying that the price of Steem should over time. As a result, I have taken your advice from a couple videos ago and I am slowly accumulating a larger position in Steem power over time.

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mynameisbrian (73) · 7 years ago

I thoroughly enjoy listening to your optimistic point of view.

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exyle (79) · 7 years ago

Thank you, man!

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ernstjan (52) · 7 years ago

Lekker bezig hoor. Als alle mensen met veel steempower de gedachte gang hebben die jij hebt dan zie ik een heel mooie toekomst tegemoed. De dingen die je zegt zijn erg nobel en ik hoop dat naarmate steem meer waard word ik ook wat goede dingen kan steunen. Over het feitje dat je zegt dat je het miscshien niet zo fijn vind dat je al zo bekend bent op het platform. Ik zie niet in waarom je met zo'n houding ergens bang voor hoeft te zijn. Ik hoop dat je zo doorgaat en ik blijf je volgen.

Groeten

Ernst

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hamzaoui (55) · 7 years ago

I found this post interesting. I think you did a good job

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booster (68) · 7 years ago

This comment has received a 0.13 % upvote from @booster thanks to: @hamzaoui.

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orionschariot (57) · 7 years ago

Creating money out of thin air? I've never thought of it in those terms exactly but that's essentially what holding Steem Power gives you. This is why I feel Steem Power might be the greatest investment of our lifetime. I've been thinking of different ways that Steemit could help the average person who doesn't want to blog, but could benefit greatly from Steemit. I discussed that here.

Supply and demand has always been the driving force of every free market throughout history, and I feel you are spot on. As more users come aboard, Steem will harder to acquire, which in turn should increase the price of Steem. I also feel there will come a time when Steem will de-peg it's self from Bitcoin and stand on it's own 2 feet. When that will be, I don't know. But when the time comes when we can trade Steem directly for fiat, I think the value of Steem tokens will rise exponentially. Great post as always brother. Cheers!

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stackin (78) · 7 years ago

I am holding on to my steem for a while and I think lots of people are currently doing the same :)

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skytrex (59) · 7 years ago

Yep, we want as much as we can get our hands on without bankrupting ourselfs 😂😂😂

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arckrai (62) · 7 years ago (edited)

I think people are waking up and seeing the huge potential into steem.
Over time, from blogs and comments, you will probably start getting less Steem as it gets more valuable so it is probably the best time to invest now.
I don't have much money but I'm trying to get as much steem power as I can.
If SBD rises again, I'll convert all of it into steem.
Steem On!

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gigafart (57) · 7 years ago (edited)

You rarely find discussions about buying steem on Steemit. (A bit ironic.) It’s all about earning it from scratch. I think this is largely a result of poor information.

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skytrex (59) · 7 years ago

If it is worth earning, its worth buying!

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rockjon (60) · 7 years ago

It's definitely ironic considering how many discussions there are on here about buying and holding cryptocurrencies like Bitcoin and Ethereum. I do think people are misinformed about it. It might not exactly zoom up in price 500% like Ethereum did a couple months ago. However, it is true that having Steem power is almost like having the power print money.

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gigafart (57) · 7 years ago (edited)

I think for many people the game of earning STEEM is their strongest impression of what Steemit is all about. The idea to buy coin directly comes... later? Or maybe never?

The parallel is mining. A lot folks like the whole concept; that’s why they bother with the headaches. But for small timers, it’s almost always more sensible to just buy coin, especially if you believe in its future.

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hynet (55) · 7 years ago

Good job, steemit platform have a lot of potential, it is good for one to invest more on Steen now because the value will go up.

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hms818 (61) · 7 years ago

Very true, yes Steem price is directly proportional to the supply of Steem. If we get less Steem for posts then the price of Steem will definitely go up. The rate at which new users are joining Steemit everyday, i expect the Steem price to be around $10 before the year end.

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koenfolkerts (48) · 7 years ago

Who ever thought it's possible to be a celebrity on a platform like this! ;)

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ronni (51) · 7 years ago

The problem of handing an ever increasing wealth and responsibility to a few whales is beginning to resemble society as well.

In our current society we are seeing a larger gap between the rich and the rest. AI and machine learning has accelerated that trend. AI as cheap and effective labor is out competing humans resulting in some very wealthy individuals - namely those owning the robots.

Here on Steemit that might be the people owning the Steem they bought for pennies in the startup phase. That is problematic in many ways. One of the biggest challenges will be to attract new users, when income potential for new users decreases.

Thank you for talking openly about these issues as a Whale.

ronni

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bryanlai98 (48) · 7 years ago

great vlog as always my friend , awesome information!

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talharai (40) · 7 years ago

Yeh...steemit is really a good platform..

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truthseaker (37) · 7 years ago

Why not....... The central banks have done pretty well out of creating money out of thin air, but at face value they have Janet Yellen at the forefront whether or not she actually pulls the strings is another matter!!

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gregario (55) · 7 years ago

A lot of interesting ideas, but too difficult to follow. I would love to see this in a systemized article, in written language. Crypto currencies are a mystery to me. I hate fiat currency, and I have mixed feelings regarding cryptos. Will they became fiat currencies themselves, just without the goverment control? In fact, why should we be sure government control won´t pop up in cryptocurrencies as well?

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tbnfl4sun (68) · 7 years ago

Thank's for your thoughts I have wondering how far this can go.Your a good guy wanting to help people!

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dlina-v-metrah (57) · 7 years ago

Steеm power and the truth allows you to get money from the air, but it seems to me that most people understand it :)

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joeyarnoldvn (61) · 7 years ago

good work and keep it up

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practicaleric (66) · 7 years ago

Hello from Kenya in Africa, yeah I agree with you that people don't realize the power of steem. However, as the value continues to grow and more people join steemit platform then they will come to know just how powerful it is. I believe that the rewards will also be the same or higher. Rewards will only drop if the value of the steem token falls, but if it keeps growing things willl be good. I like and follow your blog.Thank you for sharing and keep steeming

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jefflombardo (66) · 7 years ago

Where can I find you so we can talk some hip-hop?

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enomujjass (64) · 7 years ago

helpful post to me
thank you for sharing

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agentsofmars (44) · 7 years ago (edited)

I love your vlog and blogs very much. You are a very good person and very compassionate. Global warming is a shame lol

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lexiconical (72) · 7 years ago

"Give me control of a nation's money and I care not who makes it's laws." — Mayer Amschel Bauer Rothschild

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lexiconical (72) · 7 years ago

@@ -305,16 +305,53 @@
ossible.

(I am not saying this applies to DV)
%0A%0AAlso,

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stevkay (25) · 7 years ago

you said all

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hicmaster (52) · 7 years ago

Greaaat :D .. I appriciate it
Thank you for sharing @exyle
Have a nice day :)

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akkha (59) · 7 years ago

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fproductions (66) · 7 years ago

Once steemit it become mainstream. Steem will be like

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abh12345 (76) · 7 years ago

Hey man

Do you remember this vlog you did? Particularly from 6 mins 37. If you could spare me a few mins i'd like to put this by you.

This November it's very likely we will be traveling to Nepal to do some volunteer work in an orphanage @osm0sis helped at last year. The way she speaks about the experience has made me want to do it, and the idea has been floating in my mind for much of the past year.

This vlog you did, which i remember well, made me think about using my presence here as a v/blogging account for this project. What i'd like to try and achieve would be to show what you are giving when providing money (out of thin air) to a charitable cause.

One idea would be to ask when we get there, what do you need? Get a list and show it to Steemit. We could then see who would like to give say a few microscopes, a guitar, paint for class room - All things Sylvia provided herself last year.

As you say, donating to a charity is all well and good, but you don't see truly where the money goes. This would hopefully be different.

Would you see this as something you could see yourself being interested in?

and

Do you think it's worth coming to steemfest to discuss this idea with fellow steemians?

I'd appreciate your thoughts and advice greatly.

Cheers

Asher

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exyle (79) · 7 years ago (edited)

He, man, thanks for this message. I really like this idea and to see if the Steem blockchain can help here. Would it be possible to talk about this in more detail? I'm on discord and on Steemchat under my username.

Edit:
somewhere this week is fine :)

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abh12345 (76) · 7 years ago (edited)

Yes please! That would be great :D

Whereabouts on discord can i find you? on the MSP server? I'm @abh12345 - Asher :)

Also tried you on https://steemit.chat/direct/exyle

Thanks man, looking forward to it!

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abh12345 (76) · 7 years ago

can you believe steemit.chat isn't showing your messages - im getting them via email but cant respond!

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exyle (79) · 7 years ago

I have the same problem atm. What a timing man. Let's try another time.

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abh12345 (76) · 7 years ago (edited)

ok cheers. discord seems more solid.

I got your message to contact rolandp. I was wondering if i could post a pitch here, and take some quotes from your vlog a few months back?

I wouldn't want to do a talk at the event, just chat and see who was interested you know?

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https://steemit.com/steemfest/@abh12345/is-anyone-doing-a-steemfest-2-competition-in-which-this-would-be-a-valid-entry

abh12345 (76) · 7 years ago

Hey man

Really hoping it's OK to include you in the post - hopefully it will give you a much better idea of our plans. If you have anything you wish to change, let me know!

Cheers

Asher

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