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RE: Once again STEEM White paper teaches us why Venezuela economy is in shambles

in #exploring-ideas6 years ago (edited)

When I first read the whitepaper I was really surprised at how much I was learning about economy! The designers really put some thought into it. :) Sometimes people criticise the blockchain using socialist ideas about equality but I think they want to come and destroy Steem, too. Destroying countries is not enough. :D

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Hi @cryptosharon. I used to criticise steemit but I didn't take the time to read the whitepaper. I found that as a community we should help to keep the parity between SBD and USD by minimizing the impact of fraudulent price feeds:

...With a three-and-a-half day window, community members have approximately one-and-a-half days to respond to any issues that come up.

I think that people who like socialism should put their ideas in context with the whitepaper and the numbers. Everything sounds good until you make some numbers :)

People who like socialism usually just think this.

image.png

lol, this picture explains all! :)

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