It’s just price discovery. Show me any blogger in history of planet earth who earns $9 million USD yearly and we can have a rational discussion about it.
RE: Moving to hive
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Moving to hive
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There are some professional journalists who make over $10 million US a year and blog – so that's not really a good differentiator. While I'm not particularly interested in his content and I think it's pretty low friction and mindless, I don't think it's my place to tell the people who want to support him how much they should want to support them or that they are desire to support him is somehow less important than my distaste for what he does.
If it were just price discovery, then you would be perfectly fine with a single big whale deciding to come out of torpor, see a thing that he likes, and decide that the price is simply too low and start rewarding it. That is, after all, what he acquired all of that SP for.
If we are to assume that Bernie has the right to do with his SP whatever he pleases, vast as that reservoir is, if we don't accept that others have the same choice and ability to choose, that makes us the hypocrites.
Is that the position you're comfortable with? Because I am definitely not comfortable with that position.
Ultimately, this is coming down to one guy with a lot of money telling me that some other guy with a lot of money shouldn't get to do what he wants to do with his pile of cash for "moral reasons", while materially gaining at a level that I, personally, will never, ever see from the suppression of the second guy.
And somehow we get caught up in the middle of all that.
The reason we get caught up in the middle of all that is that it makes starkly clear that it doesn't matter what kind of content you create or how many people are in support of you making it – all it takes is one person more powerful than you to doesn't like it and you're gone.
For a lot of people who talk a big line about freedom of speech, freedom of commerce, freedom from censorship and oppression – that should really bother them.
So we are back to my original question, how do we justify your position in a rational manner that doesn't weaponized the argument to be used against you and people that you agree with? Is it even possible? Is it inherently self-destructive to hold your position?
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I don't see the contradiction. I have always maintained that they can do whatever they want with their stake. When we find equilibrium, we will know the correct price. I don't get your objection.
Who? Let's compare/contrast if we're getting what we're paying for here. I maintain it's big fat no.
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