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RE: 1 for me, 1 for Steem

in #economics6 years ago

Honestly @acidyo, quite ready to be rid of most of the middleman layer of the entire economy!

I have generally tended to think of that as "thin air." Construction is a nice example of "selling air." You take a pile of bricks, wood, pipes, wires and nails and they cost a pretty reliable sum of money. They you buy a piece of land for a "known" amount, and pay a builder a "fair profit" to put it altogether into something we call *"a house."

But how the heck is it that we get from "Stuff + Builder + Land = X" to people having to pay "2.5X" for that by the time it comes to market? It's just thin air to an assortment of both middlemen as well as the so-called investor class who DO nothing and PRODUCE nothing... and yet are lining their pockets at someone else's expense.

It would be a good start if more people thought about giving back to Steem every now and then, though.

I'm happy to say I have never done anything besides power up... and promote Steem to people outisde our ecosystem. To that end, I just wish more of the so-called "investors" in Steem saw this more as an opportunity to triple their money in a couple of years, rather than put everything towards generating a current income stream.

I think a large part of the reason Steem is stuck in the 27-cent range is that there is perpetual "selling pressure" from ever person here who's busy "cashing out" every time they've made $5... if everybody just powered up for 60 days the Steem available on exchanges would start drying up and the price would increase... as a result of which everyone who powered up for 60 days would suddenly be a lot better off... simple market dynamics!

=^..^=

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