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RE: Overthinking wealth Distribution - A practical guide to a quick headache

in #steem6 years ago

It wasn't long ago I was dropping $10 votes on minnows. There was a window of opportunity for many of them to convert 1 SBD into 3-4 STEEM as well. During that spike, people could have been building up accounts, then helping each other earn more down the road.

Instead of choosing strength in numbers, they cashed out then, and quit recently. Self-inflicted.

Many of us tried to help and got burned for our efforts. I learned a lot from that experience and I'm far more careful now with who I decide to support.

Pure chance. I took a chance and got to work. Still fairly happy with how far I've come. Still see a future here as well. Hoping things change for the better. Some days it feels like we're in a war zone though. Soldiers are dropping like flies all around me. Some can't take the pressure and put the gun up to their own heads. It's hard to watch. Want to help, but can't, or it's not enough.

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Many of us tried to help and got burned for our efforts. I learned a lot from that experience and I'm far more careful now with who I decide to support.

Me also. If I had been selfish, I estimated I would have powered 15000 more SP up during those times. There are people who should be one percenters based just on that month or two yet, where are they?

I took a chance and got to work

This is what I missed during most of my life. I have never been lazy but, I have also often limited what I was willing to do and in which areas. Now, I work when and where there is work to be done. Here and in the real world. One day, one day, I hope it is enough.

Some days it feels like we're in a war zone though. Soldiers are dropping like flies all around me. Some can't take the pressure and put the gun up to their own heads. It's hard to watch.

It is a war of attrition and instant gratification loses every battle.

Monetarily speaking on individual levels they did well with their earnings if they cashed out at price levels many times higher than what they are now.

Most people come to steemit to earn income, the problem is not that people at the bottom are cashing out, it is that the shadow mine was used improperly from the start in various ways and failed to find its way into the hands of a large enough group of people who were actually willing to distribute it and incentivize social activity.

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