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RE: Steem experiment: Burn post #2

in #steem7 years ago (edited)

"people in need are a higher priority than making sure every investor gets maximum return on their holdings via market price value."

This would seem demonstrably (and obviously) false, as Steem is definitively NOT a charity, and definitively IS something you can invest in, ie. an investment.

What makes you think this is a charity, or that others who put real money in should?

You do realize what engaging in Steem charity does, right? Tiny mouths all dump immediately to feed, suppressing price. Investors may hold, increasing price.

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Thanks for catching my comments and sharing valid points. Since you asked:

In my view, in any society, platform, or world, People > $.

Charity > than building investor wealth.

Helping others in need is the best feeling in the world. Burning $ to make holders with real money more wealthy is beyond upsetting, etc., in my humble eyes.

"Charity" increases global awareness, goodwill, adoption, and utility, which would actually make Steem worth much more in price in the long run, if it's truly supposed to develop into a worldwide global currency. Is that logic not fair?

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