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RE: BlockTrades beginning development of Steem Proposal System

in #blocktrades5 years ago

Thank-you for the response. That answer seemed to have opened a can of worms, so perhaps you wouldn't mind answering some more questions:

  1. If there IS no company/product, then what the heck are people "investing" in? Generally, there is some form of business taking place that investors feel could grow their money as the business grows.

  2. If the ONLY business taking place is similar to a bond or interest-bearing bank account, where you lend money so that someone else can use it; who is the borrower paying the interest and why would they?

  3. If inflation is the source of all "income" then there really isn't any income, is there? The numbers get bigger, but the value goes down.

  4. Why bother writing anything at all then? Just get 2 accounts and vote for each other on 1-word posts, 10 times per day.