RE: The Exit Machine

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RE: The Exit Machine

joshman in #bitcoin • 5 years ago

The fact you paid someone to upvote you is not my concern, nor am I obligated to consider the profitability of your private transaction when viewing its rewards taken from the pool in proportion to similar posts. I feel like we are going around in circles now. The fact I don't want to wade through bought and paid for shit while searching for organically curated content reflects in my actions of returning proportionality of rewards through downvoting as the actual blockchain was designed.

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5 years ago in #bitcoin by joshman

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sorin.cristescu 5 years ago

That is "zero sum thinking".

Please allow me to invite you to reconsider the implicit idea you seem to harbor about yourself that you understand how economy works.

Do you have a reason that makes you believe you can argue economy? I mean, there's no shame in not being very proficient in all the areas, you are certainly a very good network and security consultant but would you say you are as good in networking as in, say, law ? Unlikely. What about economics ? Just as unlikely I dare say.

The "reward pool" is an illusion. The "Steem" token doesn't have implicit value. The value is harnessed at the interface with the rest of the world, with the fiat based economy.

Looking at the the proportionality of rewards (denominated in steem) between different posts is akin to trying to learn how to ride a bicycle by focusing intently on the circular movement of a spinning wheel (rather than getting in the saddle and pedaling) ...

How would you laugh at me if I came to you and I started arguing some "too clever by half" stuff in the networking domain like, for instance "that network is on /22 and it should be on /24" or something I'm actually quite incompetent at?

You get too worked up about stuff you think it's straightforward and you understand. Believe, me, there is a real discipline called "economics", no one is born proficient into it.

Sorry I don't mean to offend you but you look at too narrow a picture, at the wrong indicators

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joshman 5 years ago (edited)

Oh look, you're patronizing me again. We are done.

5 minutes on LinkedIn, turns out you aren't an economist either, but another IT guy. Who would have thought? Hypocrite.
https://www.linkedin.com/in/sorincristescu/

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