RE: TTR - Duplicitous Duplicator Dithers Deceitfully
Wrong again. A cryptocurrency blockchain has value to the extent that a stable market exists for the purchase/sale of the currency and for its use as a medium of exchange. Its value is also dependent upon the rate of growth of the number of tokens. Add too many tokens at once, and it becomes worthless. Your position that a GUI feature (providing sort order) creates value in a currency is naive and uninformed.
Whether or nor people are promoting reuse of content is irrelevant to the issue whether some of that content has been stolen. There are laws and treaties in place making the unauthorized distribution of copyrighted material illegal. Stolen property has no value, except on an underground, black market hiding from law enforcement. No rational person in the Steem community wants to see the platform become a black market.
The DCMA is not the sole authority. If you are a US citizen, you are also subject to copyright law. If you are not, you are subject to the laws of your country as well as applicable treaties. And the procedure that you quote is not the only remedy available. Thieves and criminals are not in a position to dictate to others how and under what circumstances they are to be disciplined/prosecuted.
If you are so sure of the legality of your position, and the merits of your business arguments on valuation, you should show yourself. Tell us your name and the country in which you live. As things stand, you hide behind an anonymous account stealing the intellectual property of others. Even worse, the name of your account is a fraudulent deception attempting to confuse Steemit users. Steemit governance promotes the authentication of accounts and their association with known persons.
So before you post one more thing on this, you really need to divulge your identity.
To me a cryptocurrency get it's value mainly from how it diversify itself from Bitcoin. Steem isn't competing in the slightest as it relate to having a stable market.
BTC 24h volume : 2 559 000 000$
Steem : 928 000$
That's 2500x, or 3000x if you also account for BCH forks of BTC.
The number of SP votes on posts and is allocated reward is not a GUI feature!
Please learn a bit about Steem and commit to buying some before explaining people how it works.
PS: Another reason Steem is valuable is that it's users can post without having to divulge their real life identity.
@zer0hedge, you do realize that no one this thread views you as an expert on anything, right? Your "explanations" about how Steemit works is inconsistent with the fundamentals of how markets work. You've said things here that are terribly naive.
When you sign up for Steemit, the process pretty much drills into you the general policy that the creators don't want people creating anonymous accounts. Your denials don't make you right. They show that you are out of step.
Honestly, you really do have to share your identity, because without it, you have nothing. All that you so is copy and paste the words of others. The irony of all your hard "work" is this: the more you copy and paste, the more you show the rest of the world that you don't have independent thoughts that other people would value. That is the fate of a plagiarist. That is the fate of someone who steals intellectual property.
You must be really stupid if you think someone need to disclose it's real life identity to "have independent thoughts".
How long did it take you to come up with that?
Go tell Satoshi Nakamoto that he has nothing.