Steemit Exclusive: Full Video of Jeff Berwick on Nationwide Radio in the US Talking Steemit

in steem •  8 years ago 

Last week I appeared on Free Talk Live for an entire hour talking about the evolution in social media called Steem.

Free Talk Live is broadcast nationwide in the US and also in many parts of the world via satellite radio.

The full video of the broadcast has yet to be released to the public and is exclusively available here on Steemit (it is unlisted on YouTube).

I'll be releasing most of our articles and videos on Steemit first, before they are released to the public, so make sure to follow me on Steemit at @dollarvigilante.

Here is the HD quality video:

Topics include: What is bitcoin? Discovering Steemit, making $15000 on one post, is that money real? can you get it out? Steem dollars, Steem Power, how it all works, how to make money from your posts, the future of social media, is it censorship free? Is it a scam or ponzi scheme? The creation of new Steem, Steem that bears interest, Anarchapulco 2017, freedom in Mexico.

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Good show; nice work Jeff :)

I think it is important to point out a few things:

  • You do not need 100 Steem Power to 'power down'; i don't think there is a minimum at all; i just tested it with a balance of 55 SP
  • The whitepaper does not say this SMD will not fluctuate more than a penny; it simply states that given the market mechanics outlined; the team expects a narrow spread at roughly 0.99-1.01 - IMO this expectation is because the mechanics allows a SMD holder to get roughly 1 USD worth of value from a SMD even if SMD is trading below value on an exchange (e.g OpenLedger/PoloniEX) as the SMD is backed by 1 USD of STEEM, this method of getting 1 USD worth of STEEM is known as 'converting' and incurs a 7 day wait period; in which time a 7 day mean price is derived from the price feed provided by the witnesses. in addition to this SMD holder get an interest of 10% p/a helping fuel demand;
  • Ian is using the convert function (instead of withdraw), the convert function as outlined above does incur a 7 day wait period to prevent market manipulation.

You need 10x the amount of Steem Power they start people with. So it's a minimum of 30 Steem Power now.

I'm glad you are helping advertise Steemit :) I'm excited to see what kind of value your new users bring us! I just hope they don't come here with the sole intention of making money, and they come here with the intention of creating,
Value

I'm glad you are also discussing the basics.

  • How Steem power works
  • How bitcoin works Etc.
    When I first started here, I was so confused and lost, I posted anyways and contributed to the community because I had trust in it, But I also was dying to know and understand how everything works fully.

I would love to see you educate people on teaching how to use the best practices for the Steemit community. Like high quality posts etc.

Thank you for helping get the word out!

  • KaylinArt

I have been here now about 1 month @kaylinart I have met some really nice people, and an interesting crowd on STEEMIT, and most importantly the STEEM Blockchain. It did take a minute to grasp the "mechanics" behind Steem. Having been a Bitcoin miner, I still found it difficult to understand but I am much more informed now. And the more I get it, the more I am inspired by STEEM and it's community.
@streetstyle

Agreed! Steemers are the bomb! It definitely has a learning curve but once you get the hang of it, It's like the greatest thing in the world.

I was just saying to myself that although I enjoyed watching this video post, I learned more from Craig Grant who you should know if doing Steem Research as he has posted many vids about this new social platform that is backed by Crypto and the dollar(lol). He explains how he uses it which is a BIG help! I do however love to hear 'Jeff Berwick' aka@DollarVigilante, speak. Love his excitement and everyone else who I see who is excited as much as I am. And it's not all about the m0ney with me! I love this whole Crypto movement and am glad to be apart of it:)
Look forward for more interviews...

I would suggest if you are a fan of Steemit, that you make some positive posts about Steemit on the Youtube comment section before all the haters get on there and say it is a scam. ;)

The assertion that Bitcoin is a fiat currency is a bit dubious. To make a decree, you really need some "authority". It wasn't Satoshi's decree which made Bitcoin a currency; it was the fact that people accepted it and started using it that made it a currency. If nobody used it, it wouldn't matter how much Satoshi declared that it was a currency - it still wouldn't be one. However, when the Ecuadorian government declares that dollars are legal tender, and taxes will be paid in dollars, that means people have to use them, and they are a currency whether you like it or not.

Jeff Berwick. You are doing such a great job. I'm really glad that you have joined the Steemit community. I'll keep upvoting many of your future posts.

Certainly appreciate early release.... but we know about steemit..... go ahead and put it on YouTube :)
lol

Will release to public tomorrow. ;)

I was kidding. I listened also, good interview.

OMG LOL so funny!

Everyone calls anarchists crazy. Meanwhile anarchists are changing the world, not just whining about it.

My dad just asked: is there any word other than Anarchy because my generation.... lol - I said sure voluntarism, and a bit on how it builds on anarchy but followed up: don't write off using the word completely: when you take the time to explain the meaning of anarchy and people understand it, It opens the door that we are not thinking clearly. So people really start questioning everything. And yea, this is a very deep rabbit hole.

Agreed! It's so true.

We don't need to fight with words, only by example!

Wow hope my Mexicans can pick some great ideas about all this new projects and technologies!

Hello @ozzy-vega

@streetstyle whats on my Man!!!!! I follow you already!

Hey @ozzy-vega I replied to you in your last post I believe. Thanks

Thank you for the sneak peak before anyone else sees it!

I loved the episode where you had Ned and Dan on the show. I also love the name of the show 'Anarchast' very creative.

Thanks for the interesting video! I can answer the question why there is a waiting period to exchange SD to Steem. This is because the security of your holdings, if your account get stolen it will take a week for the hacker to take out your money In this time Steemit can recover your account.

Nope, it is to prevent market manipulation. That is if someone with malicious intent and a lot of money wants to cheat the system by manipulating the price of Steem, they would have to do so continously for at least half a week, which is much harder to do.

steemit only a few months old , imagine where its gonna be in 5 years .

I know right! It's nuts!

Backing from you will likely bring a few more eyeballs to STEEM, and crypto in general. That's great!

Keep spreading the word!

There was much talk about getting your steem dollars out of steemit. It's easy and pretty much instant if you have a Poloniex.com account.

  1. Log into your Poloniex account.
  2. Go to Balances | Deposits & Withdrawals
  3. Select SBD (steem dollars) as the coin then deposit.
  4. You'll get a memo field deposit code and who to send the steem dollars to (poloniex)
  5. Go to your wallet in steemit.com
  6. Click the drop down list next to steem dollars and choose Transfer
  7. Put poloniex into the To field, the memo code you got from Poloniex into the Memo field and how manu steem dollars you want to transfer into the Amount field.
  8. Click the Transfer button.

Done

Can you convert that to Bitcoin right away on Poloniex or do you need to convert to steem first?

Yes you can convert your Steem Dollars to BTC directly once the SBD are on Poloniex.


One thing you didn't mention was what I covered in my blog post on here about content being "false flagged". It seems despite things being on the block chain the front end can be censored by people with more power. If a whale decides to flag a piece of content it disappears, so anyone with wealth could make content they disagree with vanish from the front end. Without having a "down vote" button people are using the flag like a down vote button censoring content they disagree with. Not just spam, if just spam was being flagged that would be fine, but people are flagging differences of opinion and getting all the media in the post censored and removed from the front end. What is needed is a down button, so people can still down vote content they disagree with but without censoring the media associated with it. The flag should only be used for spam or abusive content.
See the blog here: https://steemit.com/steemit/@titusfrost/false-flagging-need-a-down-vote-button-stop-censorship

🚀🚀This truely is awesome to see just how much this has taken off! 🚀🚀so glad to see your releasing the articles and videos to us first! After all we are number 1 !

https://steemit.com/@steemit/transfers
https://steemit.com/@ned/transfers
https://steemit.com/@dantheman/transfers
Those are steem founders's wallets, they own a shit loads of steem yes i know. They own about 80% of steem .
You know what's funny is that they tell you to power up but they are powering down all 3 accounts and cashing out $2 Millions every week.
And fools on poloniex are buying up all the steems hahah and best of all the founders's money is growing extremely fast so they have essentially set up a system where they could cash out $2M every week for life until the ponzi come crashing down of course but these devs are fucking geniuses.
It doesn't end there though, they have designed a system where they have so much voting power compared to everyone else that they decide where the pool's money is being allocated, so if they want to pay themselves and their buddies they can do it just by a mouse click.
They can also create sockpuppets account and vote for themselves.It's like a fucking cartel, they are the first crypto mafia.
They also get to decide what goes on the front page so obviously they chose to upvote boobs and steem praise, there is nothing better than vagina to prop up a massive bubble.
In 3 years all the new steem power that was created out of thin air to enrich the devs will be detroyed at a ratio of 10 to 1. So if you have 10 SP they will burn 9 from you and everyone else including themselves, But they don't care becasue in 3 years the devs will be in their private yacht sipping mojito with lots of bitches while you will be powering down but it's gonna be too late my friend.
And you know what they say when you ask but why are you destroying 90% of my wealth in 3 year? They say don't worry hopefully the price will increase to make up for it rofl It will not because they would have crashed it to pay for the yatch lol
RIP steem power holders.
http://thestringpuller.com/2016/07/a-steeming-bubble/

Thanks @admiral for this

Jeff... You got me into Bitcoin years ago!! Now you've got me into Steem!! I just wanted to let you know I never miss an episode of Anarchast!! Keep up the great work!! You deserve all this Steem action!!!

Steemit.com might be the "KILLER" app that Bitcoin needs to take off!!

Very useful information, questions and answers.
The only thing I can add is that everyone has an opinion and that is good. But I see a great potential in this and a step in the right direction. If Steem fails then there will be another and then another. Society is fed up with the existing deceptive, smoke and mirror social media. I will give this a chance.
dubloon135

Jeff, do you think the dollar will collapse this year?

On Christmas Day ...

Remind me to buy some silver on Christmas Eve.

The good news is that even if it happens we can transform SBD (Steem Backed Dollars) to SBG (Steem Backed Gold) or SBE (Steem Backed Euros) or even SBB (Steem backed Bitcoin) over night! Whatever the community chooses !

I can't wait for the steem backed bullets.

@dollarvigilante thank you for promoting our global network! I am proud that I am here with leaders such as you, the one common mission, to create a global community of crypto, to make money on it, and give the opportunity to earn everyone!

Jeff @dollarvigilante, i think i would like to buy you a couple xx. I wish i could get myself down there to Acapulco for your event. Last time i was down there was on a US coast guard chopper back in 1992. My girlfriend and i watched this video and we talked about how pleasant you always seem. God Bless you and your family. Always a friend, @runridefly

I am only on this site for a few days and have to admit that it is difficult to figure out some of the things on here, but the main thing is that one must be involved and make time to visit the site every day, and try to learn at least one thing every day, as we all know Rome was not build in one day. Also important is to contribute everyday and not be shy or scared to ask questions to those who know and have the knowledge and by doing that you will reap the rewards eventually I am sure

I'm fairly new to Steemit. I have been involved in Bitcoin so I'm not a complete novice to cryptocurrencies, but Steemit is kind of different. I think having this platform where people can get involved in Steemit and kind of learn as they go is very important. I know for a fact that I have friends and family that are on Steemit who would have never gone near Bitcoin. The posting platform and community make Steemit very accessible and I think that will help us all in the long run. Would love to see Steemit replace Reddit, Facebook and Twitter.

I first started here, I was so confused and lost, I posted anyways and contributed to the community because I had trust in it, But I also was dying to know and understand how everything works fully.

  ·  8 years ago Reveal Comment

Thanks for talking about Steemit

I'm new to this and still learning Steemit, please educate and help as much as possible. Thank you Jeff

It sure would be nice to have your fan base. Jeff, you are the one that is getting Steemit off of the ground. I think you should have a percentage in the money steemit will be making off of your popularity. Jeff, you are why I am now on Steemit. Thanks again for your dedication to the Precious Metals.

Great discussion. It helps clarify things a bit for someone like me who are new to this. I wonder if the dinosaurs media (MSM) would be covering steemit when it become phenomenal.

  ·  8 years ago (edited)

The best thing about steemit is your address is simply your username. Genius move by the devs i think.

Oh Darryl is such the schematic. I like the counter points made at min 20-25 to refute it. I was writing before on FB but was just wasting my time. Now steem is helping me be a better writer in finding content that people want to read.

this cool thanks

I don't blame the one host for his skepticism .. no free lunch, right!? But yet some people are making out like bandits - literally, just like bandits! STEEMIT works, it just works REALLY REALLY well for some, and not so much for others.

Thank you @dollarvigilante I hope to see you on CNN soon :-)

So glad to see you here. I joined today via a friend and started my own blog called AskSteem and my # 1st question: What Determines SteemIt Reputation? and I've been so impressed by the politness and variety of the people on SteemIt. It is exciting times to be in the crypto space and how it will change people's lives! Keep up the good work!

I have learned a lot from you. Thank you!

Awesome i will be sharing this! upvoted!

really fascinating that even if the steemit website decide to start censoring content, anybody could start up there own version of the website and relay the information in its entirety. A truly amazing application of blockchain technology, total transparency and freedom :)

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Thanks for posting. I'm going to have to check this out tomorrow on lunch or at the gym.

Listening now @dollarvigilante . Thanks.
Full $TEEM Ahead!
@streetstyle

yes help spread the scam.. all these idiots here think they going to make some money writing some blog lol .. my personal btc holding are worth more then total bids on the exchange... and i for sure can't pay all steemers here if they want to cash out. hence : scam , why not keep things simple and let ppl pay with bitcoin or some other alt that already has value instead of these nonsens coins steem and steemppower .. i can't believe ppl still fall for this.. nonsens..
Jeff Berwick I can't believe you fall for this crapp.

Obviously you haven't bothered to watch the video, read the white paper, or even read a few articles. Dash uses a mining share redistribution process and look what the Dash price is doing and how fast it is developing. That is because giving all the rewards to miners, while lumping that bill with the holders, simply does not make sense. Steem adds the extra feature of using a secondary redistribution process to facilitate and incentivise constant innovation. It would pay you to actually read how it works.

That is and this is what ppl say about bitcoin and or digital currencies so what are you talking about? Competition will always be around my friend and this open source allows for ppl to do so AND it will help for bitcoin and other digital assets to become more to the public's eye(if you will).

To be sure, you are one of the more controversial figures in the Steem world. That being said, from what I've seen, most of the so called "whales" just sit back and survey their kingdom from above, giving and taking away power as they see fit. At least you are using your platform and public persona to help the Steemit community gain recognition!!!!

Excellent work -- thanks for posting --

I like it :))

It was great chatting with you and @ftlian on the air about Steem! Exciting times!

Awesome this is great idea i am going to check this out

Very interesting interview.

Hi Jeff... I never miss an episode of Anarchast! Your show is the best on YouTube! Thanks for sticking with it all these years.

Hey... I have a quick question that maybe you could shed some light on... or, maybe your next Anarchast/Steem guest could answer it. It's really been bugging me.

What happens if you're pegged to something that goes to zero?
https://steemit.com/money/@michaelmatthews/what-happens-if-you-re-pegged-to-something-that-goes-to-zero

I still have some confusion about steem power.

We'll be seeing you at Anarchapulco 2017 then? I look forward to it; for everyone who hasn't been, the best crypto ideas are hatched there along with a strong community. I highly recommend it.

  ·  8 years ago Reveal Comment