RE: RE: STEEM's Biggest Villian
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RE: STEEM's Biggest Villian

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7y

There are not enough altruistic capitalists that will keep this strange platform afloat, so by chasing off the capitalists (profiteers or what have you) that we do have invested in the platform will only end up hurting the market value of Steem.

When they are cashing out faster than people can generate value, it's a problem. Profiteers are great when you actually have businesses and an economy.

What capitalistic thing has these profiteers done besides cashing out faster than people wanting to buy?

Did most of them run businesses? If you call a bot a business I guess. Did they offer products? Not really. They are just glorified "mining rigs". Steem Monsters is probably the only legitimate business you have on the chain. What else is there to invest on this platform? Nothing.

When the purpose of having stake is "be your own mining rig", that shows how little this platform offers. Steem is just that, "poor man's mining rig". No fancy tech or knowledge needed. Just have some stake and click buttons.

@enforcer48: There are not | Ecency