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RE: Proof of Stake Coins as (almost) free way to multiply your holdings.
it's somewhat like if you were to lend your money to someone, they use it to make profits and give you a % of the profits. You can't access those funds without losing your stake from there on in, you deserve to get rewarded for that.
"you deserve to get rewarded for that."
so you deserve what somebody produces because they do not have the resources to take stuff from others themselves? So let me guess, you support hitler? You support the system that causes 20 million to die a year from poverty in the name of fairness?
That escalated quickly. You know that Steemit relies on staking right? The algorithm is somewhat more democratic since it is delgated proof of stake, but the whales still hold enormous power and can decide who gets to stake. There are other algorithms out there that we can debate the merits of, but why are we talking about Hitler?
"somewhat more democratic"
as democratic as a guy with a gun saying he is right commanding others because he has a better weapon
Why are you supporting Steemit with your time and energy if you fundamentally oppose the system that underpins it? Are you going to call Dan a fascist next? You act like you have all the answers and the rest of us are lucky to have your insights to set us straight. Remind you of anyone?
"Why are you supporting Steemit with your time and energy if you fundamentally oppose the system that underpins it? "
"why do you work for a labor camp for hitler. Food and water? I don't care you are supporting hitler"
"Why do you work for your feudal lord if you hate the system so much? Be glad for the rags he gives you"
Steemit runs on open source code, you are perfectly free to fork it and build a more egalitarian system. I for one would be happy to see that. No one is forcing you to keep using it.
"Steemit runs on open source code,"
last I checked only the website itself was open source. The blockchain itself can not be forked legally, I don't know if that changed recently though.
' it and build a more egalitarian system"
Every internet connection, every server, every computer part, and every watt of electricity is built on economic slavery. You do not understand at all.
"No one is forcing you to keep using it."
Kill one person or kill another. "Nobody is forcing you to kill x", but you are still being forced to kill somebody.
Actually it's simple enough to do. Steemit and EOS were created by forking BitShares. I get that you don't like capitalism, I'm just saying that if you are agreeing to use the system to "end itself", there's nothing stopping you from creating new egalitarian platforms and communities. Showing people a better way is going to be more effective than name calling.
"Are you going to call Dan a fascist next? "
Hitler was supported by the vast majority of business owners in germany. Profit margins are profit margins
I fundamentally disagree with every system under capitalism. The entire system is build on slavery. You can not escape it, so the only option if you oppose slavery is to use the system to end itself.
"but why are we talking about Hitler?"
ruling class is ruling class, dictator is dictator. I am showing you how your procapitalist propaganda applies to capitalists people don't like too
I'm confused...... are you referring to Hitler as a capitalist that "people don't like too"?
If so, history 101: Hitler was a Nazi, which is a German abbreviation for Nationalsozialists, or National Socialist. Socialism is almost the exact opposite of capitalism, let alone Nationalism.
Just to clarify.
actually hitler privatised all national industry and give it away to the ruling class. National socialism is just capitalism by another name.
here is a nice video on the topic
"That escalated quickly. "
no. I am telling you the effects your preferred system is having today. If you think it escalated quickly you were deluding yourself.