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RE: The Worst Thing A Writer Can Do Is Make a List! - I Present a List
No one earned anything until it is in their wallet.
It works like this:
A post is open for 7 days. During that seven days, everyone is allowed to vote on the post.
they can upvote it, ignore it or downvote it. It becomes earning when it is in your wallet and at that point no one can touch it.
There are many places, auctions, futures, etc. That things work like this.
People not understanding the way it works doesn't change the way it works.
I'm not defending the way it has been used... Very poorly. I am defending the way it was designed.
Honestly the problems start way before that. The inability for small accounts to transact is a problem, the sign ups are a problem, the education and support is a problem.
You must think I am totally an idiot. In both the examples you give above the person is still left with something, it's not a total one hundred percent loss. I've watched some of those auction shows on television where they open the door and let people see from outside what they are bidding on. They don't keep the door closed, let everyone bid then open it to an empty stall. If all that guy says holds true then that is exactly what the platform intends to do, the seven day time frame will allow for the bidding process so to speak but at the end what's left standing someone's coming down and saying sorry charlie we've determined your earnings to be a total loss. Auctions and futures markets would collapse under a scenario like that...because no one in their right mind would run a risk like that. No money is not just yours when it hits your wallet, it is yours after you earn it. Period. You know how absurd that sounds....every employer in the nation could say I cancelled his paycheck before it hit his wallet or I stopped his direct deposit because it hadn't hit his wallet yet therefore the money really wasn't theirs.
I don't really care, at the most I'd quit posting if it was going to be a total lost considering the chances you'd get any responses to spur conversation/debate is likely not to happen either so what would be the use in that regard...but I would more than likely still comment to others post. I am just saying that in my opinion there is a limit that's going to effect those with more stake then a few pennies to lose that will end up being a catalyst for a whole lot of complaints being filed against them with the feds. If I was them, and I am not, I'd seriously think, if what this guy was saying about the three dollar limit is true, this one over as now they've reached the threshold of what is almost half of what the fed min. wage is....and though that's probably laughable to those at the corporate office three dollars would be taken quite seriously by the feds.