Something Fishy about Steemit and Steem?

[beeframen]

It is very fishy from pump day 1. How can steem be limited if those writers get rewards, and repeat? I mean if unlimited writers can make unlimted rewards, and the steem's total supply is limited? Illogical scheme.

[tmfp]

.....

Work hard in a meritocracy .....
I am all for working for the good, and making a profit in a meritocracy while doing so. ....

meritocracy
ˌmɛrɪˈtɒkrəsi/
noun
government or the holding of power by people selected according to merit.
....
a society governed by people selected according to merit.
....

a ruling or influential class of educated or able people.
....

merit
ˈmɛrɪt/
noun
1.
the quality of being particularly good or worthy, especially so as to deserve praise or reward.
....
synonyms:   excellence, goodness, standard, quality, level, grade, high quality, calibre, worth, good, credit, eminence, worthiness, value, virtue, distinction, account....

Where do you live then? Somewhere nice?

[greatr]

It is very fishy from pump day 1. How can steem be limited if those writers get rewards, and repeat? I mean if unlimited writers can make unlimted rewards, and the steem's total supply is limited? Illogical scheme.

thats true there are many unanswered questions with steem though i actually expect for it to be a legit crypto as it allows people to make money for their work

[iamnotback]

Volunteerism is for communists. It is just another form of delusional (wolf in idealistskin) meddling political correctness whiny bullshit.

Work hard in a meritocracy and keep your fucking (whiny snotty ass) brown noses out of my asshole.

I am all for working for the good, and making a profit in a meritocracy while doing so. You Marxists in sheepskin are always returning for more megadeath feelgood.

Volunteerism != Voluntaryism

You are very fond of throwing insults around, but you don't even seem to understand what the adults are talking about.

How can you claim to uphold respect for voluntary human action while you demand that others behave a certain way and judge them according to your petty political correctness.

You expect others to behave altruistically or honestly or whatever all the while applying your subjective judgement of their performance, which is just volunteerism and communism. You are demanding they volunteer and submit to your subjective ideals and petty judgments.

Yeah I am criticizing you because that is what you are doing to others.

Mind your own fucking butthole. Rimbit coin can help you find it.

I'll respect you both more when you stop complaining about other individuals and produce something yourselves. If all you can do is hangoff the coattails of those who you claim are losers, then what does that make you. Hopefully there is a mirror in your bathroom.

[deeplink]

How can you claim to uphold respect for voluntary human action while you demand that others behave a certain way and judge them according to your petty political correctness.

Because I didn't.

You expect others to behave altruistically or honestly or whatever all the while applying your subjective judgement of their performance, which is just volunteerism and communism. You are demanding they volunteer and submit to your subjective ideals and petty judgments.

Unbelievable how you managed to link these brainfarts to what I said.

Yeah I am criticizing you because that is what you are doing to others.

Mind your own fucking butthole. Rimbit coin can help you find it.

I'll respect you both more when you stop complaining about other individuals and produce something yourselves. If all you can do is hangoff the coattails of those who you claim are losers, then what does that make you. Hopefully there is a mirror in your bathroom.

You are not criticizing, you are spewing incoherent hatred to people on an internet forum because of some interpretation you manufactured in your mind.

Tell you what, at this point I couldn't care less about who you respect.

[Nimbulan]

It is very fishy from pump day 1. How can steem be limited if those writers get rewards, and repeat? I mean if unlimited writers can make unlimted rewards, and the steem's total supply is limited? Illogical scheme.

well of course it is a fishy currency, it sounds a little bit too good to be true right now though i also might be wrong about it, i dont know what to think

[MWD64]

Volunteerism is for communists. It is just another form of delusional (wolf in idealistskin) meddling political correctness whiny bullshit.

Work hard in a meritocracy and keep your fucking (whiny snotty ass) brown noses out of my asshole.

I am all for working for the good, and making a profit in a meritocracy while doing so. You Marxists in sheepskin are always returning for more megadeath feelgood.

Volunteerism != Voluntaryism

You are very fond of throwing insults around, but you don't even seem to understand what the adults are talking about.

I would say "iamnotback's confusion might be an 'English as a second language thing', I understand the mistake, easy mistake to make. I've seen people with English as their first language make that same mistake, cut him a break", but then he'd call me a "whiny snotty ass brown nose commie Marxist" again. lolz.  

I have iamnotback on ignore because of his frequent livid outbursts like this. I only see his stuff when someone quotes him.

I generally don't like to use the word Voluntaryism on myself for this exact reason. I only did here because someone used it on themself first, and I didn't want to get into a discussion of semantics. But since we're exactly where I didn't want to end up, here is the difference for those who don't get out much:

Volunteerism = things like building houses for the homeless, usually with government tax stolen money involved.... i.e. often socialist.
https://en.wikipedia.org/wiki/Volunteering

Voluntaryism = more or less commonly interchangeable with anarcho-capitalism or hardcore libertarianism.
https://en.wikipedia.org/wiki/Voluntaryism


Most volunteerists I've met want to ban guns and heavily regulate cryptocurrencies.

Most voluntaryists I know carry guns and use cryptocurrencies to buy much of what they consume.


I am a voluntaryist. I was saying I think smooth is too. But I don't want to speak for him, he can chime in here and put a label on himself if he wants. lol.

FYI, Voluntaryism doesn't have to be commie, as long as it doesn't involve the government. Check out Bitcoin Not Bombs, a voluntaryist-run volunteerism organization. The guys who run it are friends of mine, and they'd rather drink paint than take money from the government.
http://www.bitcoinnotbombs.com/

I think anyone who would bash voluntaryist volunteerism is likely a sociopath.

One of the Bitcoin Not Bombs guys, Davi, is the guy who famously got hassled by the government at the airport for "having Bitcoin in his bag." lol:
https://www.youtube.com/watch?v=zsLwPCRv49Y

[iamnotback]

Because I didn't.

Brouhaha. Enjoy your circle-jerk.

I have iamnotback on ignore

Obviously you don't. But credibility doesn't seem to be something you really care about.

[AlexGR]

It is very fishy from pump day 1. How can steem be limited if those writers get rewards, and repeat? I mean if unlimited writers can make unlimted rewards, and the steem's total supply is limited? Illogical scheme.

Rewards originate from inflation (new coins issued). Rewards are a fixed percentage of the new coin supply issued.

With a fixed-sized marketcap, if userbase goes 10x or 100x, average rewards go down 10x or 100x.

Rewards are currently excessive precisely because the userbase is in the tens-of-thousands instead of millions.

[deeplink]

I would say "iamnotback's confusion might be an 'English as a second language thing', I understand the mistake, easy mistake to make. I've seen people with English as their first language make that same mistake, cut him a break", but then he'd call me a "whiny snotty ass brown nose commie Marxist" again. lolz.  

I have iamnotback on ignore because of his frequent livid outbursts like this. I only see his stuff when someone quotes him.

Yeah I didn't know, but found out quickly enough.

I don't know what his excuse is for being an idiot, but I had a good laugh when he called me a communist. Or that's what I think he meant between his other brainfarts. At least now I can cross that one from my bucket list.

FYI, Voluntaryism doesn't have to be commie, as long as it doesn't involve the government. Check out Bitcoin Not Bombs, a voluntaryist-run volunteerism organization. The guys who run it are friends of mine, and they'd rather drink paint than take money from the government.
http://www.bitcoinnotbombs.com/

I think anyone who would bash voluntaryist volunteerism is likely a sociopath.

One of the Bitcoin Not Bombs guys, Davi, is the guy who famously got hassled by the government at the airport for "having Bitcoin in his bag." lol:
https://www.youtube.com/watch?v=zsLwPCRv49Y

Cool, yes I've seen their organization many times (Bitcoin Not Bombs) always thinking what a great name and I heard about the airport story too. I didn't realize that was also one of them. Nice.

[r0ach]

I saw the word anarchy used about 400 times in this thread.  Am I the only person that thinks "anarchism" is a meaningless word that people just use to try and look cool?  Anarchism and statism both converge on the same outcome:

https://steemit.com/anarchism/@r0achtheunsavory/anarchy-doesn-t-exist-it-s-the-equivalent-of-a-simpsons-parody

[AlexGR]

I saw the word anarchy used about 400 times in this thread.  Am I the only person that thinks "anarchism" is a meaningless word that people just use to try and look cool?  

I guess it depends on the country. In some countries "anarchists" are perceived to be black-hoodie vandals, not philosophers of liberty...

[MWD64]

I saw the word anarchy used about 400 times in this thread.  Am I the only person that thinks "anarchism" is a meaningless word that people just use to try and look cool?  Anarchism and statism both converge on the same outcome:

Dan Larimer's Anarchism and statism converge to form the outcome: Steemit.

[MWD64]

I saw the word anarchy used about 400 times in this thread.  Am I the only person that thinks "anarchism" is a meaningless word that people just use to try and look cool?  Anarchism and statism both converge on the same outcome:

https://steemit.com/anarchism/@r0achtheunsavory/anarchy-doesn-t-exist-it-s-the-equivalent-of-a-simpsons-parody

I read it. Typical of steemit. You don't really know what you're talking about but you like the sound of your words.

And quoting Reagan about anarchism. Lolz.

Though he did sometimes sound like an anarchist, but from your writing I doubt you know enough about modern history to know why.

It was because he was imitating Barry Goldwater who had a speech writer who was an actual anarchist. This guy:
https://en.wikipedia.org/wiki/Karl_Hess

Read up on him. Interesting cat. And an article about him on Steemit might make a few dollars. There's also video of him talking, on YouTube.

[MWD64]

I saw the word anarchy used about 400 times in this thread.  Am I the only person that thinks "anarchism" is a meaningless word that people just use to try and look cool?  

I guess it depends on the country. In some countries "anarchists" are perceived to be black-hoodie vandals, not philosophers of liberty...

The black blok types love to argue endlessly with us AnCaps about who are the "real" anarchists. I always ask them, and never get a good answer:
1. how they plan to redistribute the wealth without some type of government violence.
2. why they care so much about their ownership of the intellectual property of the word "anarchist" when they don't believe in property. lol.

Though from hanging out in Europe with black blok types, I will say this: Many of them are more willing to get pepper sprayed by cops for their beliefs than many American AnComs.

[MWD64]

I saw the word anarchy used about 400 times in this thread.  Am I the only person that thinks "anarchism" is a meaningless word that people just use to try and look cool?  Anarchism and statism both converge on the same outcome:

https://steemit.com/anarchism/@r0achtheunsavory/anarchy-doesn-t-exist-it-s-the-equivalent-of-a-simpsons-parody

FHI, I wasn't calling you dumb with that reply. You're pretty smart about a lot of things. Politics just isn't one of them. Your knowledge of anarchy is about as correct as old gold bugs' attitude on Bitcoin. You know, people who have never used Bitcoin but say "It's a Ponzi scheme." lol.

[AlexGR]

I saw the word anarchy used about 400 times in this thread.  Am I the only person that thinks "anarchism" is a meaningless word that people just use to try and look cool?  

I guess it depends on the country. In some countries "anarchists" are perceived to be black-hoodie vandals, not philosophers of liberty...

The black blok types love to argue endlessly with us AnCaps about who are the "real" anarchists. I always ask them, and never get a good answer:
1. how they plan to redistribute the wealth without some type of government violence.
2. why they care so much about their ownership of the intellectual property of the word "anarchist" when they don't believe in property. lol.

Though from hanging out in Europe with black blok types, I will say this: Many of them are more willing to get pepper sprayed by cops for their beliefs than many American AnComs.

In Greece where I am, there's too much black blok infiltration by the police.

They are used to break up any peaceful protest. The pattern is like this:

1) People gather peacefully to protest.
2) The establishment picks up the phone and tells them "hey you must break the peaceful protest"
3) They come and start vandalizing buildings / attacking the riot police
4) Riot police throws tear gas in millions of peaceful protesters
5) The protest is effectively destroyed
6) Some "clashes" ensue between "anarchists" and riot police, which aren't very real: https://www.youtube.com/watch?v=L8S6XYixMAk

They pretend to fight, when the "anarchists" are to be attacked, the guy is like "hey hey, stop man, we are undercover... see?" - removes hoodie. LOL.

Fuck this shit...

[iamnotback]

but I had a good laugh when he called me a communist

You still blaming your problems on others I see.

Still licking the coattails of The Dollar Vigilante.

Get a life. Get off your mother's sofa and accomplish something yourself.

And yes it is very obvious that you not mature yet.

[MWD64]

I saw the word anarchy used about 400 times in this thread.  Am I the only person that thinks "anarchism" is a meaningless word that people just use to try and look cool?  

I guess it depends on the country. In some countries "anarchists" are perceived to be black-hoodie vandals, not philosophers of liberty...

The black blok types love to argue endlessly with us AnCaps about who are the "real" anarchists. I always ask them, and never get a good answer:
1. how they plan to redistribute the wealth without some type of government violence.
2. why they care so much about their ownership of the intellectual property of the word "anarchist" when they don't believe in property. lol.

Though from hanging out in Europe with black blok types, I will say this: Many of them are more willing to get pepper sprayed by cops for their beliefs than many American AnComs.

In Greece where I am, there's too much black blok infiltration by the police.

They are used to break up any peaceful protest. The pattern is like this:

1) People gather peacefully to protest.
2) The establishment picks up the phone and tells them "hey you must break the peaceful protest"
3) They come and start vandalizing buildings / attacking the riot police
4) Riot police throws tear gas in millions of peaceful protesters
5) The protest is effectively destroyed
6) Some "clashes" ensue between "anarchists" and riot police, which aren't very real: https://www.youtube.com/watch?v=L8S6XYixMAk

They pretend to fight, when the "anarchists" are to be attacked, the guy is like "hey hey, stop man, we are undercover... see?" - removes hoodie. LOL.

Fuck this shit...

That happens everywhere and has for decades. Whether the protestors are black blok now in Europe, cop blockers now in the US, civil rights protestors in the 50s and 60s in the American South, Apartheid protesters in South Africa in the 80s. Etc.

With any protest against whatever in any country.....most "riots" are actually the police rioting, but the media takes the side of the police.

MWD

[MWD64]

most "riots" are actually the police rioting, but the media takes the side of the police.

duh

It does seem like a "duh", but I'd bet that well more than 50% of the world doesn't know this.

Also, I'm amazed that there are people who love Bitcoin who dismiss "anarchy" and think  "anarchy" means "Mad Max" or something they saw on the Simpsons.

Because Bitcoin is a perfect example of anarchy in action, probably the most perfect in wide scale use. It has rules but not laws, it circumvents silly government controls, It enables A to B transactions where any nosy third party can "C" their way out of it, etc. etc. etc.

Not saying that to you banano, you probably get it. Just saying it in general.

And it's a "duh" to people who get it. But not only does well more than 50% of the world not know this, I think well more than 50% of Bitcoin users don't get this on an internal level.

Any Bitcoin user who understands the mechanisms of Bitcoin and still finds themself voting, or even saying "there oughta be a law" is square and stupid. No matter how smart they are.

The worst are people who want to "use the blockchain to make voting for politicians more accurate." That's just polishing the brass on the Titanic.

MWD