RE: Rethinking the future of investing
Some readers might recognize this: Why didn't you like my post on Facebook?
Fights have started over a simple 'ignoring' of yet another Insta food post or cute (they always are) baby pic that wasn't liked (and thus ignored?) on social media.
What will happen with relationships once your 'bestie' signs up for Steem and tags you in every post they make (because you had drinks together and it was so much fun ha - ha - ha - look at us making funny faces!) and you don't upvote them... This ignornng them, thus not 'paying them their salary', their possible livelihood?
Do we all have to have 'tough talks' with our friends then? To explain to them what our quality standards for their (your friends!) posts are? To explain to them you want to upvote @tarazkp because he creates quality posts, and think your friends' food posts are actually shitposts and therefore the 0.52$ pending payout is more than appropriate? Are we going to do this?
Like, we are all strangers and we don't expect each others upvote, we most of the time are just grateful if we receive them and there's (at least amongst most ;-)) no feeling of entitlement on the upvotes we receive. But will our friends and family feel entitled to our upvote, our money, our months/years of hard work that gave us the stake to make a difference? Will they expect us to pay then a salary so they can quit their jobs? Will they say 'Why didn't you upvote me?', or 'Why did you upvote that post, I had a post around the same time as well, didn't you see it?', in the meanwhile explaining how they want to go on a well-deserved holiday next month, how rent is coming up, how the bills are already on 'reminder' status.
And will we do it? Upvote shitposts because we feel we have to? Or will we ignore the baby pics just like we do on Facebook... Although... They are always cute...
Very nice comment.
oh, I should add more.
The conversations that this is going to start is going to uncover much of what is wrong with the current economic system, cronyism. Friends and family support regardless of their capabilities or inputs. It is going to raise some very uncomfortable questions and some very hard to deliver answers. It is going to make us question our moral fibre and responsibility to those close to us or those we may never meet.
Who we choose to empower in this world matters and for the first time in history, we the people have the capabilities to take the responsibility on our shoulders rather than hand it to proxies and then complain they do not do a good job but be unwilling to do it ourselves.
The world we have the potential to disrupt is our own. This should scare people enormously.
Oh... Yes. It scares the shit out of me. Because, and I will keep this at one example only, how will I not upvote the holiday pics of my mother, the person who brought me into this world, who I confide in, who I love, who I admire, and who is deemed too old now by the 'old economy'/society to be able to find another job after she got fired from the last one due to saving measures by the company she has worked for for 15 years?
How will I not soften that blow for her and give her my 28$/1 upvote a day (or whatever I'll be by then)?
I don't know how I would not upvote her and I just might pick her to give my 1/10th voting power to instead of that super quality post I just read... And feel both good and bad about it at the same time.
And we are the ones actually thinking about this and trying to find a moral path. Many many others will not...
such an interesting thought train. i would definitely give the vote to my mom. other friends- i would likely explain to them the value concept. if they played along and added value, i would happily add them.
this is all very interesting. good thought provoking post and comments!
(but luckily i already onboarded my mom and she has invested in some steem, so i think she'll have a good upvote to give me back ;) lol)
vote-trading! :P
I think the thing is about finding balance to keep a strong social fabric and support community growth.
circlefamily-jerking ;-)It is going to be an age of conflict that will hopefully lead to an enlightenment.
There is one thing that will potentially help. Blockchain and its value is the only way to truly have a Universal Basic Income implemented to where it needs to be which is, globally. Hopefully there is enough distributive power and value to ensure that all are covered to a basic level.
Universal basic income is all good but implementing that would need governments accepting the blockchain technology as a progressive system and an economic evolution. Right now I don't see my country's government even considering it.
As to upvoting family and friends, I think it would be difficult to avoid because even now when the price is this low, there are those who still drop links in your dm and when you ignore them, they don't chat with you for weeks. 😂
Everybody has an expectation from their family members or friends who are thought to be doing well. Weirdly, those whom you onboarded but posted only once will still want to be a part of the fun once steem gets to that price.
The truth is you'd lose many 'friends' if you do not give them a part of your vote even if they are regular shitposters. I guess one has to consider the real world value of that friendship, the person's needs and the person's skills in giving out votes.
As to my parents, I'd vote their comments and memes 100%. That is not cronyism, that is simply welfare package in their old age. They have done well. 😉
That is the problem, governments. For it to actually happen it needs to be funded without them. Remember that governments spend our money, not the other way around so holding the value ourselves means deciding where it is put. Enough value held in the blockchains and yeah, it can happen.
This consideration is going to be a wakeup call for what / who is important to support for many.
:)
Yes, fingers crossed for that one: a true UBI.
What a moral conundrum! There's something to really think about. It would almost be better if Steem didn't reach that price.
Yet, ironically, part of trying to build my account up is to be able to give someone that big vote, whether it be friends, family or a stranger on the other side of the world who works hard to try and keep their head above water.