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RE: Why do you think there are so many socialists and self proclaimed altruists on Steemit?
I also believed this is capitalism, free market, and thus good for freedom. But I cannot help relating the digital coins with fractional reserve. Of course it is without the government, which is definitely a great improvement. But still generating out of thin air something that people pay for...
BTW, great picture
Well..I´m not sure if this is sustainable. A currency or money is a means of exchange. So if you want to buy meat from me, and I want to get rid of that meat, but you have no other commodity to offer me that i need right now, or maybe ever, I can accept something else that I think hold value. For example gold - which we decided was precious. Later we accept paper-money. In this platform we accept Steem for information that we enjoy. But there are incentives to give other people our steem. We do it to build relationships that might benefit us later on, and we also get rewarded to reward others. I honestly can't say I can make much sense of it ..because it just doesn't apply to the "old world". But there is so much going on on a philosopical and technological level right now with money and currency, so in my opinion all the "rules" are changing. Who knows..
There might be an attempt to change the "rules", but the establishment is going to try its hardest to prevent that from happening.
Netcents and VISA Team up to Offer Bitcoin Purchases via Credit Card
What began as an anarchic project that sought to provide an autonomous alternative to the dominance of neoliberal financial institutions is increasingly being used a tool for profit generation by the very entities that bitcoin originally sought to circumvent.
https://steemit.com/bitcoin/@snorlex20/netcents-and-visa-team-up-to-offer-bitcoin-purchases-via-credit-card
@snorlex20