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RE: Why Steemit is not a Scam, Scheme, or Other Kind of Fraud
Money and ponzi scheme are the same thing, because as soon as we choose to not share things for free and use money a minority will always have more than the majority and people with be exploited and lose out. But hay, Steemit is all good for me so far, so I have no complaints really :D
If I plant and harvest corn, I will always have more corn than those who don't plant and harvest corn (unless they steal it from me).
Corn can then be used as money by me to buy fish or shoes or services etc.
If I share my corn for free, the number of people who plant and harvest corn will diminish. Soon I will be surrounded by indolence.
Agree. Many systems are working in the Crypto space (not just Bitcoin) b/c if these systems align incentives the right outcomes will follow. These SD payouts will only attract more and more quality writers to the platform. Therefore, more quality content created, will equal more users longterm. Giving a higher and higher valuation to Steem.
that is not money, that is barter, and it is a closer version to simply just sharing or giving
ask yourself "why do I give free things to my family and freiends but not to others who may need them?" the answer is humans are predominantly selfish and hoard so some go without
the whole world is my family, is the correct perception, every being and everything, so if I produced food I would just share it with everyone I could
That is money in some societies. Money is simply the most marketable (widely accepted) commodity. There have been many societies where a measure of grain was money.
Money often in the past was silver or gold because they were the most widely marketable commodities and would be accepted for trade across wide areas.
money is a coin or paper representation of goods or services, once it becomes food it is just barter or sharing
and if I have too much grain don't share it to people who need to eat then I am just a demon
there are still some sane communities that just all work to make food and share it all, along with making clothes and shelter for each other
Great analogy it applies to building your own working capital.