RE: Call for crabs / Where have all the minnows gone
But it's true, it's not possible to fully eliminate it. It can be minimized though. Why is this nebulous?
And yes, of course it is a (social) experiment. That's part of what makes it interesting :)
I don't see it as the negative as which crab mentality is seen usually, but a positive spin to it. It's nice in the bucket :P
I still believe in the potential of rewarding good content. That hasn't worked well with the system we had, so it has to be improved. If someone doesn't think that's possible, they should just accept that they made a bad investment and cut their losses, instead of making sure that those who try steering the ship around will fail.
I suggested to give those who prefer PoS the possibility to opt out of the reward pool. That didn't gain much traction, instead we have the EIP. So I support that.
If you invest in stocks and the company goes a direction you don't like, do you get out or try to sabotage the company?
Nebulous because it seems hazy, vague, indistinct, or confused. The whitepaper appears to suggest two different paths in the same breath. When I say social experiment, I mean on par with Milgram’s experiment. I wouldn’t at all be surprised if this isn’t someone’s long-term design to study mob psychology and how it relates to those that do not participate. What makes people adopt one behavior over another, or which percent of people will choose the right path over the left? I’m sure there are lots of invaluable data that can be gleaned, and perhaps one day and AI will read the chain, derive insight, and get an AI equivalent to a chuckle from it. As for now, the joke is on us, unless or until someone can make a video selling the product honestly and in a way that makes it an appealing investment. As for your last question, you’d try to get out before getting boiled alive, just like any crab in a bucket would. But then again, everyone is doing that, and most people are kicking themselves for not bailing at 12 USD. In the end, if Steem does not shape itself up into an appealing product, I see it as a game of musical chairs.
Calling it a mob is a nice way to discredit people exercising their given rights. It doesn't have any substance in my eyes, as a mob for me implies that they exceed their rights.
That's valid for 99% of crypto "investors"
I see we won't find a common ground. All that's left for me is wonder why people who fundamentally disagree with the ideas written out in the whitepaper invested in the first place, or didn't get out when they had the chance at a profit of several hundred percent.
Blaming those who want to improve the system to work closer to the initial idea, because they want to recoup losses/have additional gains on the backs of current and future investors is nothing I would feel sympathy with.