Summertime Sadness - Logicless Logic on Steem(it)

in #economy5 years ago (edited)

I got that logic-less, logic-less logic,
lo-lo-logic-les, logic-less logic,
LOL, Loooo-LOL.

Ok, I've heard about the brilliant idea from @runicar 's post, and I can not believe what I was reading!

Rewards for authors must be cut - in order to pay developers.

Brilliant Idea, here are some arguments why it's logic-less:

Steemit Marketcap is 100.000.000 $

Total "printing" is 10.000 $ per day

Brilliant idea is to cut 20% from authors = about 1.000 $ per day

With that money, you can buy 1 Senior, 1 Medior and 3 Rookies

To make something great and boost the price x2

Marketcap = 200.000.000 $

In other words, if only we have 10.000 $ to turn them into 100.000.000 $...


1 : 10.000 gain and - you can't pay

Really?

Those of you who have 100.000 $ worth Steem are not brave enough to turn them into 200.000 $ worth Steem?

What is the logical pathway?


  • Take your best shirt and go to the nearest startup-whatever in your town.
  • take 100 $ and buy some nice people a coffee and some hipster food - and talk to them
  • after that take your own money and invest. Show us that you are confident. Show us that you believe in the idea. Show us that you will fight - because it's your money
  • next step, go to the bank and ask for a loan
  • next step... With the loan and investments, go to investors - and take more money

Go there, find 1.000.000 $, or 10M, or 100M and show the world what you can do!

Every single company have done the same...

Sorry, I forgot, you believe in socialist utopia, where you can print the money...

Kind regards from: Argentina, Venezuela, Yugoslavia, SSSR, Zimbabwe

Don't worry, you can always print more

Steeem Up!

Funny thing, for those of you unfamiliar with the history

This principle was already tested - and failed

"Zajam za preporod Srbije, 1989"


  • Who is going to finance fallen Serbian industry?
  • Not a single institution?
  • Who cares, our own people will do it!!!

Applause for all crypto people - don't learn any history, economy, marketing, keep living in the bubble and hope that people are not very bright

Sort:  

Quite a sceptic on the future of crypto... though I took a small beating on something called EtherBTC of which it seems a lot was soon printed after the ICO ...

Should we be sceptic or not - it's a good question!
Let's look around:

  • people are working for fiat - not 4 crypto
  • "regular servers" and databases are running well without blockchain
  • basically the whole world is on FB - without any rewards given to participate
  • crypro kittens can be drawn in Paint

How not to be sceptical?
After 2 years since the begging of the hype - there is still exactly 0 seriously cool products.

No wonder that the whole crypto is as worth as Uber.
With Uber, you can call a cab - that's cool.
That service made our lives better.

Crypto? It's still just hype. Steem(it) is the closest thing to something cool and functional, but with governing disattached from reality...

Let the Alexa speaks:

join the fun at whaleshares. our graph look much more promising :D

https://whaleshares.io/whaleshares/@trumpman/whaleshares-vs-steemit-on-alexarank-weekly-update-3

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