Expanding DeFi, Part 1
I previously wrote this thread which gets into many concepts related to DeFi, from Cloning dApps, to Loop Mining, etc. It even was written right before and may have inspired the TRX Steemit Wallet Integration.
https://bitcointalk.org/index.php?topic=5296168.0
I am now going to start this thread about expanding DeFi through Steemit, BLURT and HIVE. First, here is a thread about how to Buy the Currencies and Understand and Trade them.
How to Buy BLURT and STEEM + Behind the Scenes of Trading for Newbies and Blockchain Developers: Market Caps, Value, Markets, Moon Ramps, Dollar Pegged Coins and Token Economies
https://blurt.blog/blurtphoto/@punicwax/how-to-buy-blurt-and-steem-behind-the-scenes-of-trading-for-newbies-and-blockchain-developers-market-caps-value-markets-moon
Now, if we look at Society and everything happening, many kids say they want to be YouTubers when they grow up, not Astronauts, or Firefighters, etc, they want to be on YouTube and earn money. That has begun to happen with DTube, and generally with Steemit, BLURT and HIVE, and anyone who wants to can Clone DTube, there is a guide, so you can host your own YouTube type website and have it centered around any concept you want, you could create a DTube meant just for Makeup, or Tutorials, or Sports, etc. There could be DTubes set up for all of that. Then that is just the beginning, because really Steemit can be Cloned, every Company could have their own Steemit Clone let alone DTube. But that is getting ahead of ourselves.
What my Wife and I are currently doing is What could be compared to creating an Instafamous Crypto Blogger Status. I was there when STEEM paid out a $30,000 post to 1 Female, before the Anarchocapitaltsts came an actively shamed anyone voting Women up for being pretty, we intend to reverse that and actually promote people posting Selfies and Model Quality Photos to earn Cryptocurrency.
This then isn't just a way to make Women feel good, and create a "Binder Full of Women" as it has been called from the Romney Campaign in the United States, what we are doing is Building a Community, with a Corporate Structure, more like Mary Kay, or any Beauty Celebrity, like Cindy Crawford, etc. We are centering this around my Wife, and bringing others in to earn and Build a Community, and this won't be for any select purpose, these Women are not then our belongings, and even the Women within the Corporate Structure are creating things of their own, and part of our Goal is to then have other people see more Female activity on Crypto Platforms, then bringing more Females and Males, to create a Social Media atmosphere instead of just Tech Nerds.
And this is where everyone can benefit, once someone becomes Instafamous on Crypto platforms, others can pay them to do ads or they can get free stuff. For example, if someone goes on vacation and writes all about it on Instagram the whole time, maybe the company likes the pictures of them and they give it to you for free, or offer another. Casinos already offer this kind of treatment to big spenders, but imagine if you could go spend your Crypto in Vegas, get a bunch of other stuff paid for for doing it, and now other people know where to go spend their Crypto at a Casino. That just ads to something that is happening every day.
Steemit already existed, but I think we are going to find it is a big part of what DeFi is supposed to be, but for the Non-Techy people.
Just to get into the Economics of this. So firstly, as everything grows the Price will rise with Market Purchases, it will be a steady slow rise as more people Join, and more time passes and they invest more, and then more people come, and invest more, and on and on, that is not as in like a Ponzi Scheme because everyone should intend on holding as much BLURT, STEEM and Tokens as possible. Your intentions should not be to Buy in cheap, and sell on the Rise. Your plan should be to keep a Stable amount, maybe 200,000 maybe 500,000 maybe less, and Sell the earnings without ever chopping into that.
Then if you are selling everything, it should be because you have intentions to invest in something you can use to Buy more, as you can always use Delegation, Curation Trails, etc. So there never really is a need to retire, but I can see how maybe BLURT goes way up abd STEEM starts making developments and you want to Sell BLURT to get STEEM before it goes way way up, and then Buying back into BLURT in the opposite situation.
But,
Once there are Celebrities it will be different. BTC, ETH, DOGE, they all go up when they are on the News because they are things most people don't think about Day to Day, so when it is on the News it is a big Word of Mouth Moment and people think of Friends or Family, like "My Grandson talks about that". But when Famous Musicians, Actors, Brands, etc, all start to Join on as we Build what we are doing and those people see the Utility, it will then grow.
And it won't be the Dollar Vigilante and Stephen Molyneux.
When people with big Names Join, their Fans will Buy in, and others who had never thought of STEEM or BLURT, will all Join, and that will create moments where the Price goes way up, not just a normal steady rate. This is the same for Newspaper and TV News stories.
There are all kinds of Applications here, and once Graphene Blockchains rise, there will be a new type of Crypto Millionaire: Bloggers, etc.
And I'm thinking there are all kinds of YouTube applications being missed out on, just as an example, we found host debates. I personally want to Debate some Anarcho Capitalists, and I think if we bring Debating to Graphene that is a whole new element to. For Rap Battles, Ciroc or whoever has to host it, for Religious Debates it's like Sa Neter and the National Black Theater, or Farrakhan, etc. Debates could be hosted, and paid, all right on Graphene, Ticket and Video sales could be extra. Like I'm a Hindu Convert Texas Born Federalist but like the Founding Fathers not like @FedSoc on Twitter, I would call them fake. There are all kinds of Ancient and Modern Intricacies we could get into in Debates, arguing with each other and educating everyone.
Also,
Something that seems to have been lost on the front end of Graphene, that needs to be recognized. Bitcointalk Developed as the place to discuss the Generational Evolution of Mining, as in CPU, GPU and ASIC. Then also SHA, Scrypt, CryptoNote, etc. Then Graphene and Ethereum, then Tokens and all the Newer Chains.
And when people first come here they wonder "how can I get some", generally thinking if it as like a Video Game of some sort, and everyone tells them "Earn them", or "Buy them". And that then gets into an entire Market of Programmers who do or do not have their own Blockchains, but will work on your Blockchain for Bounty Rewards. For example, in the first place it is not bad for a Developer of High Level to come out and write a statement Generally, as in like when Aggroed wrote the kind of Magna Carta Remonstrance posts explaining how things could be resolved and how they weren't in the eyes of many. If Steemit now would have some Devs create Medium Posts, or Posts here, and other places, explaining various positions and Roadmaps for Steemit and TRX, it would raise the value, and these people also need to be ready to back everything up, like always be able to answer, and with Trolls be able to answer until they are just done, or use Self moderated threads. Or just post on Medium, and do Extensive Interviews with Online Magazines and always be available in serious situations. Also press releases help for like 100% Price spikes, etc.
But to the point, the Devs can post Bounties for other Devs. For example, if you make an ETH Chain people may begin making Wallets and dApps for it, and you can pay those people in your Currency, or maybe they are Mining it and are integrated themselves and just want it all to keep moving. Steemit could do all kinds of things, but it should also be Hosting that. There should be other Blockchains being Hosted and doing all of this on the Graphene Blogs
There should be a draw for Developers to Program their own Environment around the Graphene Blockchains, thereby fueling the price back and forth for all of them.
This Threads shows where to get everything to make ETH and Graphene Clones
https://bitcointalk.org/index.php?topic=4942644.0
This is for Smart Media Token (SMT) creation
https://bitcointalk.org/index.php?topic=5287307.0
Anyone out here ready to make a bunch of new Steemit Millionaires, and then make it a job for others as normal as YouTube? Come join what we are doing.
https://m.facebook.com/story.php?story_fbid=3070493426561996&id=100008041068087