@lanie " I don't like to read those original long posts on steemit, they are boring , if i want to learn, i prefer to read books. " Why didn't you buy Amazon stock then? You knew you were buying a hard to explain - cryptocurrency hedged - "pay for blog" platform and now you don't like it because you think the users are stealing your money.
If you had taken that money and put it into Amazon - you would have received a quarterly prospectus, you could vote for the board of directors AND you would still have most of your money.
But you probably wouldnt understand them either - you see they take shareholder money and buy up ebooks so they can offer them for free. The part you would understand is they also don't turn a profit because of all their "investments" in "entertainment".
Some sites add value with content - some with savings or a reward. Steemit provides both.
I don't think the users are stealing my money, but i do think this platform is like a charity organization , i still remember that we paid a make-up post for $40k , that's insane. That's how a tragedy of common works.
The platform still works that way, everybody is milking the cow, the cow is nearly dead.
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Steem needs to implement posting reward max limits
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So because your investment is not worth what it was the business model makes no sense? What makes no sense to me is why you didnt do a private deal and make sure you had a say before parting with so much money.. In your analogy you want to kill the dying cow - the currency depends on the platform which depends on the people which depends on the.. Am I the only person who read the white paper?
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I want to save the cow, stop milking it or at least be tender, i believe money cann't buy the loyalty of users, maybe i am wrong, time can tell.
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