RE: A thought on why 50/50 rewards will ruin this place
How about you grasp that whales extract ~90% of the rewards. EIP will deliver to them ~40% of the remainder, that is presently shared amongst the creators. @steem is powering down millions of Steem. Can't sell it before the price crashes until it's powered down.
Content is the marketing department for the Steem business, as well as the product it manufactures. It's how value is added to Steem, and the fact that almost all that value is extracted by profiteers before the investment vehicle, Steem, gains it is why Steem's retention rate is ~7.5%, the worst in social media. It's why Steem price will not rise, and is about to crash, and why Steem's market cap has declined from the mid-30s two years ago to the mid-60s today.
Investors will not invest in Steem until investment is able to instill value in the investment vehicle, and EIP just further increases the drain of that value from Steem by profiteers. After the price crashes, the bidbots and whales will sell for whatever they can get for it, and move on.
Enjoy the fruits of your desires. You were not careful what you wished for, and now you're going to receive it.
add that to the Steem, Inc accounts, powering down
all signs we are moving in wrong direction
Prove it. Show me where 90% of the rewards are extracted.
Explain yourself. Why does the proposal deliver to them 40% of the 10% left?
Fucktards. Idiots. Imbecilic nonthought. Assert nonsense repeatedly, make up lies and avoid explaining yourself at all.
"this is why, that is why"
One conjecture on another from one nonsensical assertion to the next.
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It's kind of amusing that you resort to ad hominem's directed at people that understand things you can not. You're not blocked. I just don't bother to respond to your florid psychosis most of the time. When I do it's (usually) because you almost made sense, and may have confused folks, so I try to bring reason to the table.
While it's amusing, your incessant resort to insulting what you can't understand won't bring you understanding. Sadly, I've seen that being reasonable doesn't bring you understanding either. Keep on being amusing. At least you have that.
I'm not going to dig up the research I've done on where the money goes. If you really wanted to know the facts, and were capable of grasping them, you've been here long enough to become acquainted with them. If I do provide them, all you'll do is resort to more irascible insults and claim I'm not making any sense.
To you.
Have a nice day.
It's OK, it's not as if you ever brought the facts. BTW, speaking about ad hominems, when I called your nonsense, nonsense you accused me of attacking your character. I literally challenged you to explain why anyone would power up under your nonsensical proposals and you refused to do so every time. You continued to propose that same nonsense to numerous people, some who pointed out the nonsense /aka fatal flaws, but that didn't stop you from browbeating the idea that essentially everyone is a moron when it comes to "investing", everyone but the whollle molle you.
BTW, if my claim that it's nonsense isn't true it should be very easy to demonstrate that. What's that? You don't have to defend nonsensical claims which are explained why and how they are nonsensical? Figures, more convenient excuses,much like "no investment sense".
Close it with your prophetich asshatery of I told you so.
Fuck you.
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