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RE: Now people might realize why DLive left :)

in #streemforsteem6 years ago (edited)

I don't understand why people would want to give up $130 of rewards to DLive. DLive/Lino only works on donations and not upvotes yet whenever someone donates on DLive they take 10% of your donation and give it back to staked holders (DLive) while content producers only get 90%. On Vimm.tv, or Steem in general if you prefer to create posts from https://www.sharetosteem.com from your Twitch stream, all transfers are actually given to creators at 100%. On top of taking 10% of each donation they then make you pay $0.25 flat fee for domestic, 2% for international to withdraw funds off their platform. That doesn't sound very fair to content producers at all.

Additionally DLive's peg is only stable because it's not supported on any market and they force people to have at least 2000 LINO coins to sell them. If LINO ever becomes worthwhile enough to be listed on any exchange then the fair market value is going to plunge because there's nothing to support the peg at that point. If you're worried the Steem price is going to go down then just sell as soon as you get your donation and then you have kept your value before the price goes down. That being said holding is probably going to be a much better option because we're in a buyers market and when prices return to last years highs you'll make 25x on those donations in comparison to traditional fiat.

Either way congrats on taking some value from those lousy bums. I hope you're withdrawing it all and helping force those scumbags to stop pegging their shitcoin and eventually helping content creators see how they're not being treated fairly. Hopefully the introduction to crypto can bring them to platforms like Vimm or even Bittube that actually care about their creators.

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