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RE: The Reason You Don't Understand Steemit: It's Like A Gift Economy Not A Commodity Economy

in #gifteconomy7 years ago

hi again @stellabelle,

I saw this title after I wrote my own about the new rules for the new economy written by Kevin Kelly over 10 years ago, alot of it is reflected there!
Some of the the new rules apply directly on your article:

2) Increasing Returns. As the number of connections between people and things add up, the consequences of those connections multiply out even faster, so that initial successes aren't self-limiting, but self-feeding.

4) Follow the Free. As resource scarcity gives way to abundance, generosity begets wealth. Following the free rehearses the inevitable fall of prices, and takes advantage of the only true scarcity: human attention. Why the Net Rewards Generosity.

9) Relationship Tech. As the soft trumps the hard, the most powerful technologies are those that enhance, amplify, extend, augment, distill, recall, expand, and develop soft relationships of all types.
Start with Technology, End with Trust

I used the 10 rules from Kevin Kelly to look at Steemit and wrote this article you might like, your comment would mean a lot!
https://steemit.com/economy/@the-traveller/how-to-think-about-steemit-com-and-navigate-it-lessons-from-new-rules-for-the-new-economy-by-kevin-kelly

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yes, brilliant insights:

As resource scarcity gives way to abundance, generosity begets wealth