SMTs Explained: How To Redefine The Internet For Smart Content Rewarding! (Featuring @Ned)...

in #smt6 years ago

Hello Steemians,

It's about time we explored the lesser known Waters of SMTs. Many newbies complain alot that they don't understand fully what SMT implies. In as much as I would really like to scold y'all for refusing to take some time out to DYOR (do your own research), I see it as my responsibility as a community leader to help you.

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Come to think of it, some persons can really get lost in books anyway. Like if you hide a huge amount of money in books, it will be there for years to come because no one reads anymore. But hey! If it were on Facebook you kept the money perhaps it would have been long hacked.

Thats part of what I hope that steem hopes to achieve. Bring the money closer to the dummy using smart social media. Combine money and any social media and you have a potential smart economy.

Hopefully the analogy above will help you make sense of Smart Media Tokens! I will try by first explaining the individual words then combine them together. Don't worry, I won't use bogus terms. After all this post was to be named "SMT for dummies". 😉


Smart:

even if you aren't smart you can at least understand the meaning of being smart. Okay, are you educated? I ask coz I'm about to use the classroom analogy.

The smart ones usually sit in the front of he class. They read alot and they wear glasses.😂 Some of you call them nerds but secretly you wish you were half as smart as he/she is.

Meanwhile, the dummies occupied the back seat, always noisy, moving in bad cliques and all the other socially correct people. Deep down they knew they were dumb asses but they made up for it by being popular.

Translate that to social media and you have the celebrities. They never ever read unless their dad is standing beside them with a gun pointed right on their skull. But they can sleep on Facebook for days on end. All their life is know to all and assundry.

You gerrit yet?


Media:

The media is the gateway to the world. No! It's not only the social media that exists. Theres the mainstream media that was here way way before Mark Zuck was born. Print media, television, radio, and their internet equivalents are all media.

The problem is that the media is contributing alot to the narrative around the world. The are usually associated with the government hence they on a massive mind control mission. If the media says that poverty is good it becomes good in the mind of dummies.

Thats part of why the blockchain is here to stay. People can gain back their individual freedom and imbibe the ability for free thoughts and speech. You may not get the gravity of decentralization until you are in a position to really understand how governments all over the world are putting you in perpetual chains.


Tokens:

What's the difference between a coin and a token? Nope! A coin is not that roundish metallic object that makes a whole lotta noise in your pocket. Stop thinking like the 50s. Come to the future with us.

A coin is actually a cryptocurrency that has its own blockchain. So Bitcoin is a coin. Pfuuh! Isn't that obvious enough? I mean Satoshi added coin in the name to show you something. Ethereum is a coin. Steem is a coin. Why? They all have their own blockchain, remember or not.

On the other hand, a token is a cryptocurrency that doesn't have its own blockchain. Thats to say that it's under another coin. ERC 20 tokens are tokens. Pfuuh! Hello! They are called tokens.

Read some more, and see how I and @ned gracefully combine these 3 terms together to give you one of the greatest invention since Da Vinci code.😎 Yeah! I was there with Ned that night when we had the idea together😉. Urrm in my dreams😂.


Smart Media Tokens (for dummies)😶

It was a calm and lovely night . Our dear NEd was just taking a shit or a shower (cant quite recall which one it is anymore. It's been so long coming). Errm! Pop!The idea cam like a kick in the head.

Why not make the the idea of steem global by lending websites your API so they can make these tokens and name it whatever they liked? Hey they were gonna steal the system already so why not give it to them for free. 😁 Smart? Yeah! Super Uber squigly smart!

And Ned also had the smart idea to name his smart idea a smart media token. Great! Smart Ned! This is not a parody. This is really how it happened. Check https://smt.io it's plainly written in the white paper smart paper.


Benefits of being SMART!

Errm! You get an A. Yup!That should be the first benefit. Can't you see that steem is already getting an A by being the fastest blockchain out there? In whispers though there are rumors that a new blockchain is gonna make steem feel like a sloth. Pfuuh! Who cares till they come.

So our prices are gonna rise right? Yeah I know that that's the only language you understand-money. When SMTs launch, the demand on steem is going to be much because apparently the coins are limited in supply while the demand is unlimited.

Boom! Just like that we could be seeing $20 steem, damn! $100. Or if the gods of crypto are tell on our side,$1000 steem. Is it possible? Of course it depends on whether y'all are praying to he right gods. Deus ex machina!


While the white hairs have started showing up on my head as I wait for SMT to launch, I still believe its gonna be massive. If done at the right time and with the right project.

I love steem as a blockchain and as a currency. I expect I to go no where south. Northwards it will be always. No! We won't die like the illfated GOT King in the north.

I SEE FIRE!🔥🔥🔥

SMT to the moon!!!

😎😎Ciao!😉😉


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I delegated 100 SP to @Steem-Ambassadors !

Its approximately about 10% of my portfolio. I see it like paying my tithe to a programme I love so much and appreciate for the innovation.

I am also fully invested in it to see it succeed successfully!

What About You? Who Do You Pay Tithe To? BOTS???

Food for thought!



They call me @Nairadaddy aka SteemDaddy!

My aim is to leave you better than I find you everyday!

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Join Us On Air-Clinic Discord
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You missed it. I always sat at the back of the class but wasn't a dummy.
Ooops, I should have made a first class if not that the lecturer hate my shoe

Well, that's that. I have been buried deep in smt the last two weeks reading every book I can about it. Not actually books, just some random posts and the scary white paper. I see lots of potentials in the smt and am looking forward to when it will be launch. Would you mind having a little discussion with me on discord over this?

Hey James!
It's good you are doing your own research about this.
Feel free to contact me on discord.
Cheers!

Hahaha..not always true bro...sometimes not all at the back are dummies..lol. But thats so true and good of what you have shared @nairadaddy.
I really appreciate the steem insight you take time to give to some of us..It has been more than helpful. Hope nothings discourages you for sharing more.

Lolx bro.
Not all the time but most times though😂
Keep steeming too!

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Nice breakdown. You gave simple words to what I already know: the difference between coins and tokens. Your article is both fun and educating. Upvoted and resteemed.

Thanks @stojay007.
I can see you are a James Bond fan.😉
Anyway, glad I broke it down for yah.
Keep steeming!

Sincerely, for the first time I completely understand what the whole SMT thing is about and how it relates to me as an average social media user.

Thanks so much @nairadaddy for breaking it down

You are welcome @korexe.
I'm glad you understand it now.
So does it means you are a dummy?
😂😂

Maybe o!!!😀😀😀
I'm a slow learner though

You see why I always love reading your write ups,
Lol....

You just have a way of breaking down the not so simple but complex stuff to the not so smart or dummies like us...

Hehehe

I actually didn't have a full grasp of the subject matter until now.
Each time I see an article about it, I skip it because I feel reading it might just reset my understanding of such complexities to zero.

This feels like good news coming...

I just hope we do not grow white hairs waiting though....

But all the same, SMT to the moon.....

Lolx @julietisrael
So this is how you used to skip some areas of the textbook in school eh?
VC must hear this.
😂😂
Keep steeming!

Lol....

How do you expect a small geh like me to read a full textbook??

Hehehehe....
Do you want me to run mad ni?😂

SMT is a game changer and will help drive steem to the moon where it's suppose to be

Great!
Glad that you understand the concept.
We keep our fingers crossed.
👌👌

@nairadaddy, I just don't know how to appreciate you on this amazing info, I have been hearing SMT, but I really don't take more time to read and understand what it entails, but I think I have some glance of knowledge here after going through your writeup here, THANK YOU for the wisdom, more of that I wish you.

From your explanation, it means they is hope for #steem, I can't wait for the SMT to be laugh, can't just wait to see #steem amounting $50+

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