RE: I filmed this video of @ned @pkattera and @sneak talking about the SMTs and the future of Steemit

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I filmed this video of @ned @pkattera and @sneak talking about the SMTs and the future of Steemit

in steemit •  7 years ago  (edited)

Just one more thing. No idea if it clicks for you, but there's a good reason whales are whales. Having a huge stake is a big commitment. The price for a steem has been between 7 cents and 8$ the last months. Whales held on to them during all this time.
And imagine all the whales dumping their stake, driving the price down near 0 and everyone can stock up as they wish. In the same moment, there'd be new whales again.

Broader distribution is happening over time. But there will always be whales and minnows. And it will become harder and harder for the minnows to be heard as competition grows. Early adopters had a head start, yes. We took a huge risk though. When we started working with this platform we didn't know if our rewards would ever be worth something. And we keep working since. Maybe if you'd kept being productive instead of letting frustration take over and trying to change a system you don't fully understand yet you'd be further than rep42 too.

Damn. One more thing I said. But there's just so much you didn't think about in your position, still you're so convinved you're going the right path. I think the only question left for me is:
If you don't like a game, why do you play it? Don't you have things you believe in to spend your time with?

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You suffer from this thing called survivors bias. You think because you invested a lot you should get a lot. I think you fail to understand the potential decentralized media has, simply viewing this as an attempt to make money. The argument I make (which you are incapable of rebutting, despite your steem power) is that everyone should have a right to have their ideas heard. This is good for a number of reasons.

  1. Everyone can speak, and discuss ideas leading to a more reasoned and balanced society. This helps prevent extremists from gaining traction (as people realise their views are not based on correct principles) and people are not afraid to voice their ideas (they have the anonymity of the internet).
  2. People can campaign and protest about problems, which leads to change.

However you suggest that this is bad. The system you support limits the exposure of those with little money, and means that those with a lot of money can flag posts they don't like to make them less visible and upvote the posts they do like to make them more visible. The platform does this in a few ways:

  1. They hide low value posts.
  2. The trending page (what users see most) is owned by people who pay lots of money to bot-owners and get visibility through that.

To your point that I should "shut up and go away" - go find someone who cares about you, your sad little life and your "I have money so I'm so great" chant. Because honestly you're a stuck-up little prick, who thinks they have a fundamental, god-given right to all the money they make.

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