RE: RE: Open Letter to all Steemians - Hardfork 21: Culture Change
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RE: Open Letter to all Steemians - Hardfork 21: Culture Change

whatsup(76)
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The concept is that we use inflation to reward social media users, the way companies give out free pizzas.

As more gather others build things for them to do: SteemMonsters, Gambling, Silly Games.. You know the kind people play every day on Facebook.

Where people gather they begin to buy, sell and trade. (The Network effect)

Usually in investing the concept is to raise the value of the thing you bought.

Not drain the value in a huge ponzi scheme.

I get that most "traders" who like to call themselves investors don't really get the concept of investment. Which means... You put money and effort into something that is getting better so you can take more money out later.

By later I don't mean tomorrow. :)

While you can say people buy steem to vote for you that is an over simplified version. I don't blame you for getting stuck on it, because SteemIt Inc has done a terrible job of painting a vision.

It was never supposed to be the endusers who buy tons of Steem. Their presence is essential if you want the next steps to happen.

Anyway, have a great day.