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RE: 25 Reasons Steem Will Replace Bitcoin as #1 Cryptocurrency by 2021!

in #dlive6 years ago

capital accumulation. As the vote bots get more income over time they will become more powerful. If you are going to do anything to stop this it has to be sooner rather than later.

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As the vote bots get more income over time they will become more powerful.

I predicted/proved in 2016 that there was no solution which could make “proof-of-brain” equitable.

The whitepaper of Steem even admits that the “proof-of-brain” reward system depends on being able fool most of the users into doing more effort than they will be equitably rewarded.

I have written a point-by-point rebuttal of @‍jerrybanfield’s incorrect propaganda campaign.

Vote bots are run & controlled and owned by the owners of those bots, right? In that case, those people get the capital from those bots. Whether you like it or not, isn't that how capitalism work? Those people have the freedom to do whatever they want with the money they make from bots. Google, Facebook, & so many are making money off us. Facebook uses bots but they calls Facebook Ads. Facebook is making billions of dollars each year off us. I believe in freedoms in the markets to let people do what they want, good or bad. But real people on Steemit can outnumber and outpower bots eventually because people like people more than bots and are more likely to upvote people more than they upvote bots to some extent or that is at least the potential.

you may believe in the freedoms of the market, but I believe in the complete opposite. I believe in freedom for the people.

So are you completely atheist? don't you believe in supernatural?

why?

just curiosity..... because of you nickname

I believe they are the same thing. The market is dictated by the people, even the little people. I just checked on your voting power, which is at 87% at the time of this comment. This is a good thing. If more minnows were using their voting power on quality posts, we'd be significantly minimizing the damage the larger scammers and abusers are causing.

the market is dictated by trends that force people into groups based on how they act, so each person has the freedom to choose what position they join, but the outcome is the same.

But anarchy, muh job creations and free market!

They are definitely not the same. Jerry and other groups make out as if if you follow certain rules (quality posts, engagement etc) you will prosper here. It is not the way this works at all. They are quickly writing their own rules, hiding a lot under the table but doing their best to promote the system as though it is squeaky clean. They will do everything in their power o keep the status quo even abusing features like the flag button, circle voting (assisting or turning a blind eye to those who are doing it for instance). It's all looks clean, they are either assisting to protect you and I from spam, scams, or generating quality content by curating.. it's all hogwosh. It's straight up thuglife. The sooner people act collectively, the better.

Capital centers itself around a single goal - profit. People center themselves around other goals, but it becomes hard to organise around such things. Hard, but not impossible.

This is exactly right. It would really need to be up to the minnows to band together. I think that was the whole point of the curation trail in the first place. It has become abused as well, but at least there is some good with it. I actually talk about how the minnow vote matters in my video here: https://steemit.com/voting/@littlescribe/ysuyl18g

You have a great collection of useful videos - I've bookmarked that post and will share when I have new friends joining! I like the idea of curation trails, and those votes can really stack up in value if the curation trail master is any good. I use curation trail only for one trail and fanbase for about 4 trusted people here: I constantly go after my votes, reading material, and engaging.. I consider my actual reputation could be spoiled unless I do this - people follow me, not the curator that I follow.

On the issue of whether our votes truly matter, I initially thought you were referring to witness votes ;-) in which case, this 2 year-old post by @transparency may or may not still be relevant - on steemit, all upvotes (even for witnesses) aren't equal. I still screen the witness-category diligantly, believing my tiny vote is still counted.

You sound like you are doing a lot of good research on here. You should talk to @zingali, a noob like you who is planning on doing some write-ups on witnesses. Maybe you guys can collab. You're both smart and driven on the subject. He'll be interviewing a witness soon for a story.

@anarchyhasnogods you are on a roll, keep it up

People tend to believe in freedom of the market right up until the point where the market begins shitting all over them, at which point they about face and start crying about it.

I have always been against the market, even when it benefits me.

Me, a "unwoke" person: "Yeah seems reasonable if one follows their principles and we can't always control the things that are out of our control."
Me, a "woke" person: "Well.... uhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh... muh markets are inherently good and can never be challenged ever if it's truly free! Freedums!"

You’re ostensibly conflating monopolies (due to power vacuums) with free market capitalism.

For example, central banks loaning money to the government (thus forcing regressive taxation) came about because the power vacuum of democracy is totalitarianism.

You’re incorrect to blame the free market for the power vacuum of democracy. The problem with Steem is they haven’t designed the rewards system correctly. I will fix that problem.

There’s nothing wrong with the free market, it’s the design of the system that is fucked.

The alternative to the free market is democracy which is totalitarianism. How many examples (c.f. also) do I need to provide to convince you?

Unless I’ve misunderstood your stance, this is a very grave misunderstanding on your part. I hope you will lose that tendency of chasing your own tail and not realizing it. I hope my elucidation has helped you see the truth.

The freedom of the market is the freedom of the people because we the people are the markets.

incorrect, the monopoly of violence enforces arbitrary property laws (private ownership of the means of production for example), and attacks any area without this same system, in an effort to survive. Private ownership of the means of production and capital accumulation forces people into positions based on their actions, and forces them to continue acting in a specific way or lose the position. This means regardless of who is where, society will take the same path. Freedom is when society uses democracy to decide its future, not when it struggles for decades to fight the markets for literal survival (in the case of climate change, and imperialism, for example).

and using that logic, I can say every system is the people, so thus every system is "free". You can say whatever you want about the correctness of that definition, but that doesn't make it useful.

The definition of freedom I use is the ability of the individuals within society to determine its path, which is not what happens today.

Would've made Hegel real proud with self-consciousness and self-determinations.

I believe in making the most useful product. A site filled with self promotion isn't useful.

Looks like they added a feature to slow down the process of upvoting. Simple answer to the mass upvoting bots for now.