You are viewing a single comment's thread from:

RE: Steem Dollar Stability Enhancements

in #steem8 years ago

It is very easy for people to take things the wrong way and misunderstand online.

It is, but should we hold back innovation for those who don't understand the implications? To me, this change sounds somewhat reasonable in that it's very unlikely to happen, and it could potentially prevent people's investments from going to 0, which is a really beneficial thing.

I think we have an interesting balance here between those who really understand advanced game theory, economics, software, and cryptocurrency (I would put Dan in that category) and those who just have an opinion (mostly the rest of us).

I, for one, prefer the openness and communication about the possibilities.

From the OP:

If anyone has any concerns or has better solutions in mind please let us know.

This wasn't a decree from on high, but a start of a discussion. How often does the FED involve its subjects in an open conversation about monetary policy?

Sort:  

I'm all for discussion but right now it isn't always clear what is discussion and what is actually policy.

It is hard to separate what @dantheman's personal opinions are from the actual policies of the platform itself.

Some separation and clarity in this regard would not be harmful.

I agree, but I'm not sure how that is practically done. As they say, "Code is law." Dan writes much of the code, so he can dictate the law... but, as we saw recently with a Github issue that is now closed, the community also has a voice and, so far, that voice has power.

I see people with "The tweets here represent my personal view and not the view of my employer" in their bio often, and I always chuckle. "Companies" don't have opinions, only people do. A company can make an official statement, but that happens (in this case) from the steemit blog. To me, I assume everything said is Dan's opinion, even if he uses confusing language like "us" in his posts. That, at least for me, helps me lower cognitive dissonance.

One thing about the mass market, it that it does not think critically. It thinks very very basic, gets things out of context extremely easily and moves impulsively in herds.

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.026
BTC 58961.27
ETH 2500.29
USDT 1.00
SBD 2.45