Greed, need, bleed and seed

in #steem6 years ago

Sometimes I feel greedy and it isn't just when I eat. On Steem, I enjoy earning Steem and I hope that one day I am able to hold a lot of it. Is that greed? Is it greedy to want to earn and is it greedy to actually earn on what is considered skills? What is interesting is that while people talk about greed on Steem, the same people seem to have no problem watching professional athletes earn as much as the GDP of a small country for kicking or hitting some kind of ball around as after all, they deserve it.

I am no professional athlete however, I am not even that clever according to the psychological tests I did not so long ago but, I am also not stupid. On Steem I have taken the approach of, work my ass off toward where I want to be as at this point, it really is my only option and best chance to have some kind of excess that breaks the hand to mouth earning loop. My intelligence is outside of my control, my ability to work is with my control.

People have so many excuses as to why they can't do something and then say it is unfair that others can do something. Yes, it is unfair that I can't run 100 metres under 10 seconds and, it is unfair I am not 6'7" with a 36" vertical leap. Does this mean that because I can't dunk a basketball or bend a football like Beckham, I have to be relegated to working a nothing job? That is obviously just silly isn't it?

This is the thing with Steem though because as it expands, there will be more and more room for varied skill sets to earn without needing to be a writer, blogger or developer of any kind. Who knows what will eventually be possible but, there are many options coming. For me, I like to write and for the most part, I am not too bad at it considering. Should I feel greedy for earning more than others, should I be embarrassed or ashamed?

Even now as I smash out another 1000 words for a few dollars, there will be people posting a photo and a line of text for 20+ and they don't even buy votes. Should they be ashamed? Hell no. They have done the work and successfully played the Steem game, a complex and treacherous field of scam and betrayal - and some pretty damn nice, funny and talented people also. I ma not jealous of people's success but, I am critical of my own failures and even if I don't identify with them, I do evaluate them.

If I had the ability to buy more Steem I would buy more Steem but, I would continue to post because, that makes sense long term from both an investment and a community perspective based on what I plan to do long-term given the chance to do it. It isn't greed to post as I do, I enjoy writing, I enjoy what I do and, I enjoy getting rewarded for it also and the chance to do what I want to do in the future requires much more work behind it than buying in stake.

Buying into a community only gets you so far, digging into the community through interaction and support is necessary if one wants to play various roles within the community. When it comes to whales performing well in this respect, @theycallmedan is smashing it and if this place becomes something, he is likely to be even more relevant than he is now and, it won't just be because of his stake as he will have used his stake to build communities around him. He will be a Steem Patron. Some of the other highly staked who want relevancy long-term not just profits might want to consider similar. Of course, nothing wrong with profits as a bonus.

One day my plan is to use Steem to find more and more ways to support externally and pull external into the blockchain. While the chain isn't ready for it now, it will be in a few years and then, stake is going to matter to investors. Tell me, are you going to invest with someone who has no sin in the game? Fuck that, I am not. While people might think Steem holders silly, those holders are going to have draw power in the future as they are the representatives of possibility.

People like @acidyo who has worked hard for Steem and continues to do so at the highs and the lows. When this place does well he will do well too but, there will be hundreds of others who will benefit because of him directly, myself included. Not just because of his vote, but the way he has pulled people in and inspired them on Steem and connected networks together that might not have found each other otherwise.

Asher (@abh12345) is another one who is directly responsible for keeping people engaged as through his engagement league and various activities, people are still here, still earning and many of them have learned enough about the platform that they are buying-in with their hard-earned real-world fake money. People tend to forget that work has to generally be done to have fiat it seems, they look at a buy in and see it like they cheated. Nonsense - there are professionals here, you just may not be one of them.

I just mentioned "learned enough about the platform" and that is generally the case for those who buy in, they are investors into Steem, if not investors into anything else. I know one person who is lining up their first ever buy after being on the platform for ages. They have learned a lot and wanted to but haven't had the possibility until now. I am happy for them and hope it works out but, they also know the risks as, that is part of learning about the platform and they have learned.

My next buy is hopefully coming up soon also but, I have some taxes to clear first before I see what is left. What I do know is that I am tired of this constant chasing and running away that has been the process of my life for much too long. Sure, I am not the sharpest tool in the shed but, I can't be that fucking stupid that I never learn that the secret isn't in working hard, it is working hard at something with the potential to appreciate greatly and that generally means, accepting risk by facing and dealing with uncertainty. If you want certainty in investment, take all that you earn and put it into the bank, it will certainly depreciate in value.

So yeah, I don't feel greedy earning Steem on Steem as it is part of the point of being here and, while some might disagree with the way it all works, it is in a constant state of flux and what happens today might never happen again from tomorrow on. Wishing different isn't going to create different but what does is having the ability to speak one's mind without censorship, being able to use ones stake as chosen and participating in the development of an economy that is looking to be like no other economy the world has ever seen before.

I am not just talking about Steem, I am talking about the entire crypto industry, the blockchains and all the currencies that will come and go, succeed and fail over the coming years. People still haven't grasped it have they? Just like people complaining about Steem while there is only 20,000 people here, they think that the entire market cap of crypto is representative of crypto's value, it isn't.

The market cap is a snapshot of a timeline that will rise and fall but, there are only a handful of people in crypto at the moment, not the entire market. Once the projects start working, once the bank exchanges fire up their engines, legislation allows for institutional investment and every Tom, Dick and Agency wants their own little piece of Crypto real estate on a blockchain and a few coins to trade with, the market absolutely explodes.

A billion people can flood into crypto in a year or two given the right conditions.

You are going to wish you held.

 
Taraz
[ a Steem original ]

100 dollars, 10 dollars, 1 dollar, 10 cents - I am happy to get what I can for my work as it all helps.
You can do and think what you want.

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I am taking as many approaches as I can to accumulate and learn in the process. I continue to buy but also post and engage on a daily basis to continue to not only grow my stake but also my reach in the community as relationships are more difficult to earn than Steem. You can also buy Steem but not loyal relationships.

Posted using Partiko iOS

Exactly, and the relationships that can be bought are not the kind that will be through the thick and thin of the game. Accumulating and learning is a smart investment plan.

With some of your posts (like this one) I often have to wonder what (if anything specific) triggered it as I kind of go out of my way to not know about whatever dramas people are stirring up XD

they look at a buy in and see it like they cheated

Seems like they're taking the approach from a gaming point of view where buying items/speed up things gives you advantages ("hard work will never beat some kid with their parents' credit card" to vaguely paraphrase something I read online somewhere once when trying to troubleshoot some game for the child who is still learning not to be overwhelmed by a wall of text).

My partner has never really been interested previously but earlier asked me how much crypto I had and what I wanted to do with it. Told him I'm basically going to keep hodling it forever til I find a use for it (and there have been a couple of uses over the time I've been here). The next use is probably more Magic cards at this stage (bought some off @bogglemcgee previously, which was basically proof to him that it has utility beyond some speculative whatever thing). With some luck he will help me cheat buy more steem for me (or at least SM cards XD) next time he's buying stocks.

Meantime like you I just have to keep posting, which is fun XD

As I read around the place I see various behaviours and opinions about things. Some of them are direct toward me, many aren't.

The utility of crypto is going to keep expanding. I heard a friend say that there isn't even enough bitcoin for everyone in the world to have 0.01 and considering there are many who have a lot more than that, it is going to get interesting if adoption happens.

I thought there was a limit of steem too? Or am I remembering wrongly?

Posted using Partiko iOS

The inflation drops 0.5 points (currently 8.5%) every year until it reaches 1% per annum. This means that when it finally hits that (about 2034) there wil be a total of 650 million Steem and then 1% added per year (6.5Million) from then on. At the moment there is about 26 million printed this year, a little more next and then it starts to drop away quite sharply. What this also means is that in the first 3 years, half the Steem for 20 years has already been pushed out of the blockchain in the first 3. Going to get interesting.

My brain just crashed (it's early in the morning and I'm chipping my way though my first coffee XD). So anyway my takeaway is currently it keeps coming just much slower. I'm happy with that :) Thanks for explaining :D

If he's every looking for more I'm always happy to keep selling them 😊 and strengthen his belief that there is a use for crypto.

Posted using Partiko Android

Nice to have you here :)

In order to have any type of stake I don't see any other way then to buy-in for quantity . Us 2018 entries did not hit the SBD reward ,mining or any of the other ways to get/earn steem that the 2017's offered.
Now the rewards are low and being part of communities does help.

With all that said it is a great time to be in steem for both reward and growth. Let us not overlook all the advancements

Yep, those that had the opportunity with high SBD and didn't take it might have missed a bigger opportunity. 10 Steem for an SBD was a decent conversion, many sold to fiat.

Buying is smart, earning to increase the ROI smarter.

Dear @tarazkp

Please accept my honest appology for this post (not related to your topic.

I'm pretty sure I already reached out to you (asking for your vote for little initiative Im supporting) so this request may not be anything new :)

Could you please vote on this dpoll for a friendly community (SteemChurch), which Im trying to support?

It's such a fierce contest and just after 4 days we're right behind SteemitBloggers:

We've another 3 exciting days ahead of us. Perhaps you could ask around your friends if they wouldn't mind support our small initiative.

I would be very grateful :)

Link:
https://dpoll.xyz/detail/@theycallmedan/which-steem-project-should-i-delegate-20k-steempower-to-for-1-year/?rep=33&sp=3&age=30&post_count=10&stake_based=0

Please vote on "SteemChurch". I would appreciate your support a lot.

Yours
Piotr

I am not voting on any of these because I am not part of those communities and I think it should be community driven as to who gets the support.

Absolutely @tarazkp

I respect your decision and I would like to thank you for your kind and mature reply.

Yours
Piotr

I jumped on the bandwagon in 2017. God that was a great year. Seemed everything was lined up. We had the manpower with more joining every day, post pay out was great, then 2018 happened.

In 2017 I could see the greed rampant but in 2018 all I could see were the people still around helping keep the blockchain alive. In some ways I'm glad 2018 happened because it allowed the true Steem loyalists to shine.

Who knows when the market will bounce back but I'm with you 100% on this one.

"Wishing different isn't going to create different but what does is having the ability to speak one's mind without censorship, being able to use ones stake as chosen and participating in the development of an economy that is looking to be like no other economy the world has ever seen before."

Its why I stick around :)

2018 was a great year for Steem, so much happened and the developers finally got working instead of sitting back on their value ;D When we look back, 2018 will be one of the seminal years that will have defined Steem as so many of the important people in the future will have made it through the crush.

So much to love and more to come on Steem.

It is definitely not greed, but an opportunity to earn. Earn as much as you can whilst you can is the way everyone should be thinking. The opportunity is now and it would be just plain dumb not to push yourself as much as possible. I haven't invested yet and will when I have funds available. I have gone past my yearly date so I am allowed another $1000 to invest legally without highlighting the authorities. Pathetic I know but Steem is under the radar for me for now.
Working hard is the only thing I know as I am not smart enough to work any other way. Then it isn't greed as you deserve every cent as you have earned it.

If I could buy in, I think I would still write just as much as at the moment, I see so much potential here that having stake in't enough of an investment, there has to be community capital built also.

Buying into steem is good as is posting as it builds the community. Speaking of which we only have 20,000 in steem? WOW! That is not many. You would think more would see the potential. Thanks @tarazkp

20,000 active accounts there about + a lot of bots. There is about 1.3 million accounts all up though but most are alts and many are dormant until price increases. The ones that are here posting and earning now will be the largest beneficiaries of Steem in the years to come.

This post has been included in the latest edition of SoS Daily News - a digest of all you need to know about the State of Steem.

Hi @tarazkp!

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