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RE: SBD Explained

in #sbd6 years ago

I have not read one single post moaning about no sbd being given in rewards, people seem to like steem and sp, like I do, be gone with sbd, it is of no use to me, or most people.

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If you receive payment in SBD and want STEEM, you can always trade for it on the internal market.

One of the main benefits is that it helps your STEEM be worth more as explained in the post.

I lose money by converting it, hence why I have not invested on here, simplify rather than make things harder, sbd makes zero sense to me, sp and steem do.

Don’t convert then. You can just trade it for the market value worth of STEEM on the internal market.

You have a valid point with that, as do I with it is of little worth or assistance within the system that is.

The worth is explained in the post: leverage and HODLing effect.

It benefits you via the HODLing effect (see last section of the post) even if you never use it. Your STEEM is worth more and your rewards are higher as a result, as long as others hold the SBD, and there are certainly people who do want it.

You mined your stake, we hold differing opinions, you are entitled to yours.

His has little to do with how smooth or anyone else acquired there stake. It is simple math / economics of supply and demand.

You are starting to sound like a politician now, and to be fair, I hate them fuckers for taxing me/us, I get it that you want to maintain the status quo, though me being the "customer" that has the money to invest, we used to be called the people to respect, as in the customer is always right yes? I know the world has gone insane, and the customer is now disrespected, so hey, I will make my own blockchain, and then we see who wins, forced versus do what you want!

You are projecting a lot of stuff on me that doesn’t really apply. Really my goal is plain and simple - to make the STEEM price go up. Regardless of how your current position as a user places you - our objectives should be aligned in that regard.

I am projecting nothing on you, I stated I will not be investing whilst sbd exists, I want nothing from you, I never will, leave the victim hood at the door step, and have a free fucking video.

This is brilliant. "One third of a billion years of evolutionary history behind that".
Absolutely brilliant

If you did not like that one have another, hey they are free

Please go ahead and make your own blockchain. There are only a few thousand of them already, we definitely need another one.

Actually, though, I do agree with the marketplace approach you suggest and don't discourage people from trying. If you think your idea for a blockchain is better, then indeed we should "see who wins". If it really does turn out to be better, then we all win.

There was nothing political about @timcliff's reply either. It is absolutely the case that who mined what has nothing whatsoever to do with SBD functionality or economics. If you can't address the substance of the matter without resorting to personalizing the debate then you likely have either a poor grasp of the issues or a weak position.

Well I have a strong position in the real world, I have owned and run multi-national companies, I sit on 100 acres of owned land in a country 5 over from my own, if that is a weak position I will take it all day long, as far as steemit goes, like I said, I will not be investing whilst there are different currencies, plus all the bickering that goes on on here regards self voting, bidbots etc etc, That is simply the way I feel, and it has nothing to do with mined or not mined.
I respect both of your opinions, and fully understand why people want to keep it the way it is.

For what it's worth - nobody here is trying to convince you to invest. What you do with your money is entirely up to you. If there are parts of the project that you are put off by, then it is completely understandable that you are choosing not to put your money into it.

Nether smooth or I are arguing in favor of preserving the status quoe. The post was written to explain how things currently work today, but it was not intended to say that they have to stay that way forever. Both of us are frequently discussing changes with the community, stakeholders, and developers. We are interested in making Steem the best it can be.

On the particular change of SBD, there are a lot of different views on this topic. While you (and many others) are against having it, there are also many others who are strongly in favor.

Part of the DPoS process that runs Steem is that the views of all stakeholders are important, and the ones with the most stake are the most important. We have to factor in all of the views of the stakeholders to decide/determine what is best.

Right now the stakeholders are in support of preserving and trying to improve/fix SBD. I'm not trying to say that to convince you it is right, or try to say that it will always be the case, but it is the reality of the situation we are in right now.

I respect both of your opinions, and fully understand why people want to keep it the way it is.

Typo - people = stakeholders

I don't know why you think anyone cares how many acres you own. On Steem if you have a lot of SP your vote counts for a lot and if you don't, while you are welcome to express your opinion, it doesn't. You don't get passport rights on your non-SP wealth.

From what you wrote there it sounds like you aren't going to be investing in Steem any time soon (there are soon going to be many more tokens, not less, and it is a pretty good bet that bickering isn't going away either, though people will probably find new things to bicker about), which is your prerogative. I was completely serious that if you think you can do better and build a better blockchain, you should. I'm not here to convince everyone that Steem is the One True Blockchain, only to do my best to help people understand what it has to offer and to do what I can to make it the best it can be.