Wow. There’s something about the word free that automatically causes my antennae to rise.
Maybe it’s because the double e’s make the same long e sound as greed, stretch it out, greedy.
Or, maybe because it causes people to confuse the double e in need as, stretch it out, needy.
So, when the recent frenzy to buy, sorry, get for free the altcoin BYTEBALL, I could only smh at the thought of bothering to become a part of it.
I mean, it just reminded me in a weird way of all the other defunct, pump up the volume assets that blew up, only to deflate into nothingness.
When offered to buy in, sorry, jump in for free, I was reminded what happens when things are given for free. At some point, I’m reminded there’s an underlying motive; because, rarely, if ever, things are given for free.
Perhaps, I’m being cynical; or just honest. Nothing in this life is really free. There’s always a price tag that comes due, or as some would say, junk, aka, clutter in the Wallet.
It seems my spirit was in proper tune when I declined the offer to receive my free tokens. It was something about the tech-word byte being related to computer MEMORY; and the word byte also reminding me of bite, as in, a lure which fish bite into, only to be had, for dinner that is. I'm reminded that a whole lot of data was collected for those signing up to receive their droppings...ahem...drops.
Jmho.
Best regards.
Peace.
The motive is to get more users/and free promotion. It basically a marketing stunt that costs them nothing. Byteballs ain't a blockchain instead it a DAG. DAG have to be premined. This steem airdrop is a distribution of the coins. They did it before aka airdropping to bitcoin holders
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Oh @sames, rest assured, I'm familiar with airdrops. I think they're a great marketing tool; however, in this case it became an opportunity for people to just get ridiculous with their greediness. There are some 'shocking' posts revealing how people just took scamming to a whole other level by opening up 'grab the free byteball' accounts, in some cases hundreds of bogus accounts.
Someone suggested Steemit implementing a captcha to prevent these types of abuses. No, the air drops are a good thing; but, leaving a wide open door to people who see an easy way to milk the system, ruins it for me, and from the sounds of it, prolly quite a few others as well.
Btw, I have a couple of airdrops placed in my Wallet without request, and they are quietly setting there, pretty much, defunct.
It's all a part of crypto I suppose. Most took their free and reinvested it. Perhaps, they're the wise ones. I simply like to invest in more 'stable/proven' assets; and, it shall be interesting to see if this is just another one that 'bytes' the dust.
Off topic; but speaking of Wallet, it seems OpenLedger is having issues; hopefully temporary.
Best regards!
I'm so looking forward to the start of the Sabbath. If God says the same, I will check back in a day or so.
Peace.
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