I noticed several hi-powered accounts starting a campaign with the same propaganda a week or two before the worst patch in steemchain history so far. More if you got more, less if you got less, free downvotes so you get to sell THOSE too, downvote cartels and justification from above, killing off the biggest stakeholders (the bots) other than the top 20 and the emperor himself ... there's about NOTHING good about it , even the name sounds like new world order and the advocate of the devil refers to the people they would like to onboard as 'normies' frequently. On top of that, (and you too) i hear all kinds of initiatives to on one hand , as ojou-sama so eloquently stated on twitter "Just buy and dont ask questions" and on the other hand to throw your money in a pit
= where i stand from =
the only good burning initiative i read so far that actually comes close to anything decent is @therealwolf 's idea to use the pomo system that was here since the mesolithicum as a means to get people to 'burn' and get a chance at promotion by a whale in return ... which means 'gud content only' which means singlesided views b/c we all have different ideas (except the normies who are actually the normies instead of the people they call normies)
So, if you wanna throw your money in a pit to save the whale and feed the emperor, it's all yours ofcourse, but if they keep selling off to pay the bills and the inflation doesn't flat out STOP you'll have to dig a bigger pit and get more money to throw in it
such is my opinion and i have spoken heh
NOTHING, but absolutely NOTHING good about HF21 ...
pardon the caps but im glad i could forego pardonneable french already, you see, and the way i see and please bear with me on this :
the concept of unlimited expansion in limited space and time with limited resources to boot is absurd ... economics stems from the colonial era , JP Morgan and the morganites, you see, it requires bottom input to be continuous and the illusion back then was that it was, but it isn't . The colonies are now developing markets, bottom input has stopped the TEK-5 rule the world more or less (financially), population INcreases, while resources DEplete , there's no way in seven hells or heavens anyone with a Holmesian or Vulcan mind (biblical metafors always seem to go down well) could accept this as possible working in the long-term.
And this little pond here , acting like it's the ocean by the decree of a few sardines pretending to be sharks, is a micro-version of the macro that's society ... financially, culturally, its basically a mirror, you even get your 1%ers, your fortune-20 (maybe theres a fortune 500 here i dont have a node to go do some deep digging) , you get prime-time TV on the trending section and the avant-garde borderliners, pioneers and other crazy people live on the fringe, or deeper in the puddle (or say 'pool' in this case) , there's a lot of bright minds who cant help but do what they do and probably get more of their ideas stolen by people who give them a penny for it. Edison vs. Tesla v2.0 ...
So , to come to the point : no way in seven hells or heavens hyper-inflation can be fixed by throwing money in a pit, unless the company itself and the fortune-20 do that ALL THE TIME, which they wont because then it gets them nothing, so the middle classes (referred to here often as the masses , which is an understandable mistake from a millionnaire's point of view) are expected to fix it ... increase consumption ,lol
it's like forex-report man ... its a mirror of the big one. Dont ask me how to stop inflation AND workout steemit (often mistaken for STEEM) , stopping inflation is EASY : cap that shit ... if you got money then peg it, but even the mighty dollar has been on the verge of collapse now several times, last time not too long ago and since i live under a rock on mars im not sure that crisis is over yet (but im sure the mass-media DO understand panem et circenses enough so it probably looks like it is ...)
But how do you translate capped amount of steem into steemit.inc ?
Well then, thats where those bright minds come in .. maybe they have an idea b/c hyper-inflation ? if the dollar can't handle it why would sbd ?
RE: 3Speak's STEEM Burn Initiative! #NewSteem