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RE: What is the #1 change needed for Steem - Win $20+ upvote

in #steem6 years ago (edited)

It really floors me that a hedge fund/venture capitalist hasn't had one of the big wheels kid(s) freshly graduated from college, give them an internship and have them run a million dollar investment with the instructions..."Here you go (daughter/son)--show us whether or not it's worth our firm sticking 10, 20, hell 50-100 times this initial investment again in say...6 months to a year." That investment in itself would make that account (or additional 'branch alt accounts') amazingly important on here and could generate some ridiculous returns for that firm if done right at all. Of course ''the right way'' is very relative to each one of us.

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I've wondered something similar myself. I was just discussing this with a friend over the phone. What would happen if let's say a "non-profit" (please note the air quotes) would decide they would love to use this blockchain for their "work". (there they are again).

What would we do as a community? Would be run the off, because they shitpost? Would we be OK with them delegating their Stake and getting a return?

What would be the reaction? - Because if we succeed, meaning... if this experiments finally drops the beta something like that could happen. And I for one would not like to lose on the opportunity in the name of "cultist like purity".

Forget non-profit, I mean an a legit venture capitalist that is out to do a R & D test on the real value of steemit. Their interns spend time on here, try to be profitable as much as possible, see if profitability can be achieved and at what scale, and then they can make some legit evaluations. They like what they got, they dive in, they don't, they sell say screw it, or hopefully wait for a good time to sell and get out. I agree, unfortunately I have a lot of reservations with ''non-profit agencies/charitable trusts'' as well. Pretty hard to write off travel expense on a purely online pursuit though that someone can do work from anywhere with an internet connection and a laptop though also. I too struggle with the non profit designation with people getting paid/beneficiary of ten times or more the regular working wage of a given country/state.

Hahahaha I was confident you would read between the lines.

But back to your point, venture capitalist.. that would be very interesting indeed.