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RE: The end of the American economic Empire – China to rule as the Asian century arrives

in #economics5 years ago

Good to see you're still here @julianhorack! Well written piece, I'm sitting here in today's developing stages of Malaysia positioning itself as the forerunner in SE Asia as it has ties to India and China as well as a unique position to ride the last of the western wave as an English speaking country.

I can't see Indonesia as a contender really as the potential ultimately lies here just north of Singapore an already thriving economy.

Malaysia is playing both sides of the field and has a tradition of being cunning, too cunning in fact. With an informed internet age population of over 35 million and the resources as well as diversity here, I'm not planning on going to trumpland anytime soon.

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Many thanks @skramatters I appreciate your positive feedback. I haven't had too many responses but am aiming to continue writing as long as I have internet, which intermittent here on the south coast of Africa.

I'm interested to hear about Malaysia, I spent a week in Kuala Lumpur just after my month in Thailand. I visited the worlds tallest twin tower, the Petronas Tower, and went up to the top on a tour.

I see your position as you say, ready for the coming sea change.

If I may ask on another subject - regarding steemit - do you use bidbots or some sort of upvote system. I've come across it and am hesitant to use them still. I was hoping you might know more.

I personally don't use bid bots. But, only because I have zero confidence in their ability to create genuine exposure that might lead to real communication. Plus, it wouldn't be profitable for a small fry such as myself without a major commitment and investment in that direction.

It's really about the only way the big fish can maximize their potential here, many do it knowing its a mechanism or symptom of a failed economy.

Some seem addicted to being in trending and a top earner, despite having miraculously high rewards they incessantly push for more by bid botting and self voting even between multiple accounts.

In a no rules arena like this it has to be left to personal discretion. Having said that, I'd like to remain in the miniscule minority of those not driven by profit on this particular blockchain, I just don't believe in the current system and see no way of it changing being that this is an absolute oligarchy. Plus, humans aren't ready for crypto anarcho capitalism yet. So, for me it's for entertainment and edification purposes purely. The whales and witnesses are all pawns and beholden to the bots..

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Lol very interesting, I appreciate your perspective, and resonate with the aversion to bidbots. You have given me a lot to think about. There does seem to be a social network of Steem lovers who make a living or pastime out of it.

I am a compulsive learner and writer of whatever I learn, so Steem has really appealed to my nature. The chance for some actual profit from writing is also appealing to me, but i am reserved to enter the bot arena and paid upvoting of sorts. I guess we write our way to any profits. I am wondering if there is any worth is keeping a 50/50 payout. What do you think? Do we really need to acquire steem power to earn steem for our writing? Apparently when steem climbs in value at the next bull run, we can make moe for our posts.

Cypto anarcho capitalism sounds good, with permanent travel and no fixed abode, working online in cyberspace.

I appreciate your interest in my humble perspectives. I really enjoy your writing and yes there are some writers here that have written their way into decent earnings with nothing but a workhorse mentality and choosing topics that steemians relate to. Economics, crypto, culture, the human condition, and stem science, technology, engineering and math. There is of course a strong subset of conspiracy theorist, dystopian future, info wars content that also has a more niche audience.

Interesting and honest content that is enriched by personal experience i find most engaging with some levity thrown in.

As far as the 50/50 split, i opted for 100% steem/sp as from my understanding the SBD that is supposed to be pegged at one USD is well below that number. I'm also not in possession of any other crypto and have no means to liquidate any steem assets so I've been powering all rewards up. But, SP won't in actuality do anything for you until you have enough to earn from curation.. Sure the all in steemians will likely disagree with me on that and say that spreading any of your voting power around is beneficial for the ecosystem but no they're just idealists. You only need as much SP to be able to write blogs and comment freely.

You can of course try to buy votes and see if it pans out, it very well may. Especially if you're regularly producing content that will be attractive to the few thousand daily users.. The competition is stiff and we're scrapping over pennies with people that have invested thousands of dollars and hours here. So buyer beware.

Crypto anarcho capitalism and nomadic living with a cyber income is enticing I agree..

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