RE: OFFICIAL CALL FOR STRUCTURE PROPOSALS | STAGE ONE
Well, we seem to be at a crossroads that offers a path to an actual decentralized democracy, and the failure of Steem to moon heretofore presents a dilemma to those whales that have premined stake: either continue to milk at current levels (at best), or allow real decentralization to deliver actual distributed value to Steem and reap capital gains.
Capital gains is far more potentially emunerative than votevending scams for most, and the few satisfactorily rewarded presently yet will be further enriched if Steem moons. There's no downside to stakeholders for capital gains, and only reasonably expecting to continue to mine Steem via votevending is a motive to prevent actual decentralization.
The platform is not the hurdle to surmount. It's the community. Steem has tens of thousands of users, and that is the real source of it's value. Weku isn't creating the kind of returns one would expect if your assertion that simply erecting a new platform would be preferable financially. Neither is Steem increasing in value and exponentially enriching whales.
They are able to extract streams of wealth presently, but only some of them are in positions that consider that stream nominal, and all of them could benefit from capital gains - even if the cost of those gains was disenfranchising votevending.
There's certainly potential for support for both resistance and encouraging adoption, and nothing is cast in stone or determinant because we can't read minds of substantial stakeholders.
Thanks!
As I see it, those with vast amounts of SP (other than perhaps the odd few) do not understand the concept of capital gains. They can only see the revenue stream that is directly in front of their face and therefore do not want to alter anything that could potentially rob them of that revenue stream. They wish the status quo to continue until the entire platform has been squeezed of every drop of its life. Then they can take their money and look for another project to kill.
I agree, and this is because ninjaminers weren't investors, but nerds, and they don't understand how to build value and create capital gains.
Thanks!
It is very true. Being exceptionally clever in one area of expertise doesn't mean you are clever in all areas. This is why people use teams of people in order to gain the best from each team member. The make-up of the team must be inclusive of all factors required for the expected outcome.
why would they stop if they make money for free ?
they dont care about development or price they got the most value out farming rewards and selling votes and cashing out the last few years,
i highly doubt they will turn around and start burning what they've cashed out to support the platform,
there was a good reason for flags now we see the effect
You're absolutely correct. Despite the fact that the ninjaminers aren't investors, but techs, the fact that successful investing produces increase in the value of the investment vehicle remains. Extant circumstances indicate that sound investing won't result, but reason and experience may yet change the paradigm.
Either it will change, or Steem will be eclipsed by a platform that actually produces sound investment.
Thanks!
A person can only "ninja mine" if they have insider information.. which means they would have to work for steemit inc etc. The term you are looking for is "early miners" and they took a chance on steem and it worked out for some.. not sure how that can be used against them now. Many do quite a lot for this place. This constant need to blame high stake holders is really quite silly and not beneficial.
We have an opportunity to make a difference with this foundation. Maybe you could give some feedback on the proposals and encourage others to do the same. We can make any changes if we don't actually try, this is a chance for the community to make the changes that they have been vocally saying need to happen.