RE: Hardfork 21 is HAPPENING. What will change?
The subsidy system as in ZapRead is even better in many ways. This is due to the fact that by voting for the content you vote only for the best (in your opinion).
Exactly how voting works anywhere: you vote for what you think is the best, in your opinion. So what's the difference lol..
The Steem system is the worst in economic terms because you give money that is not yours to another person you probably don't know. (As in socialism).
The money is yours. You have a stake in the system that gives you the right to distribute according to your stake. Who's money is it if it's not yours. And what the heck are you talking about knowing or not the other person, you think that is relevant at all, wtf.
For example, I like BernieSanders, but I wouldn't give him a grant probably. But I don't pay anything for Steem, so I could give it to him for nothing.
For nothing? Yes because your steem did not cost anything correctly, it was given freely to you, without ANY effort on your part. Damn you're pulling at futile strings, first you tried to claim that transferring wealth, exactly how donation model works, is no different from staking wealth and distributing an inflatory pool of resources. You tried to argue that it's no different because you have to sell your steem for dollars, because that makes sense at all that it's the same as donating, now here you are trying to claim that the stakeholders don't have any right to distribute the wealth, because it's not theirs. Shit, you seemingly think that everyone is as retarded as you to try and assert some utter nonsense like that, after your previous idiotic remarks seeking to defend some oddity that has absolutely no chance in hell of surpassing steem, as is obviously evident by any cursory comparison of the userbase and subsequent success at their "endeavor" (more like a "pay us 10%, always, because).
As for Stake. In general, you freeze the funds in your account, but these funds were created from the air. In most cases you didn't pay for the tokens (but I can be wrong), like most of us. Stake is supposed to stop Steem from falling, but if the situation gets worse, people will evacuate and withdraw money from Stake, what's going on.
Yeah, your stake was handed out, like everyone else, without any effort on their part. What you are trying to say besides that idiocy of "funds were created from thin air" is that staking is not holding value, and thus is a poor mechanism to secure value, which is why donations/tips are so much better, or something, because I'm sure you had some point that tied back into the idiocy that transfer of wealth is no different than wealth rewarded by wealth staked directly to hold power over distribution of wealth to be rewarded.
Let me help you out:
When the mashed potatoes are passed around the table, they are distributed. When you take your mashed potatoes and give them to someone else you transfered your mashed potatoes.
I can only laugh at the thought that you might consider what you said as half intelligent / thoughtful but seriously, invest some time in improving your reasoning and critical thinking skill, it's deplorable.
Not really. For example Bidbots upvote the entries of the people who paid for it. So not the best.
Bidbots are only one piece of the puzzle
The money you give (for example) me isn't yours. You don't lost anything. Milton Friedman create a good chart about it
So in ZapRead (donate) version you are in point 2. You spending your money for someone else
In Steem - 4. You give money to someone (according to your own Stake) that doesn't exist.
The rest of the fast I assume it's gibberish, so I'm not gibberish, so I'm not gonna write back.
Obviously, does that change the fact that people who vote (not bots) vote for what they think is best?
Yes I have, I could have given it to myself. You avoided the pertinent point also, yet again. The point is if it's not my money, who's money is it?
The money is mine, by virtue of my stake, like any stakeholder has rights to the revenue of their stake.
The problem arises when you vote for something because it pays off for you. For example, you vote for your posts or you vote for each other with a colleague to maximize your profits.
This is harmful to the platform. It promotes behaviour that destroys the network.
They're part of everyone. The resources that you give to people by upvote do not exist. However, they have one fundamental point. They lower the value of all other tokens. Logical.
The whole problem is that with connection 1 - you are handing out tokens that aren't your people you don't know. But at the same time you can do everything to earn as much as you can.
Something that in the donate system is not possible to fulfill, here is implemented on a large scale.
These tokens (what you are giving away) do not exist. They do not exist until payout, in principle. But let's assume a different situation, they do exist, but they belong to all the people at once.
It's also a problem, if you don't use tokens (don't give them away), someone else will. They don't disappear.
The problem is, you can't say - it's my money. Because they never were.
You give it away as you please. You can give it to the worst post - e.g. child pornography, because you don't lose anything.
However, if you give a donate, you lose money. You choose only the best entries.
Donation is so much better, lol.
You tried to claim that the, stake people hold is given freely, which is a blatant lie.
You tried to claim that there's no difference between donating money and steem, because you have to cash out in dollars either way, which is retarded as all fuck. Now here you are claiming that there is a fundamental difference between the two, what a moron..
Yeah, it's gibberish to idiots, what else is new.
So press the upvote button and tell me how much money you've lost.
Exactly how much my vote is worth, duh. You suck at math and critical thinking, must suck going through life like an idiot, wonder how much shit you could have avoided instead of walking straight into it.
Tell me again by what logic is steem no different than donation platform and how soon do you think until those oddities you think are alternatives to steem will "distribute" (more like transfer and take 10% because it's so superior while only 60% goes directly to the author ) one day's worth of wealth that steem distributes, in a entire month?