You are viewing a single comment's thread from:

RE: Introducing Rstory.

You are welcome to Steemit Mr. Bailey. Your picture with the text on the left-hand side looks amazing!

Wow! A gratitude token with novel properties that allow it to be used to store social capital which can be translated by market procedures into financial value and then you said this:

Please note that Rstory is not a financial investment, and was specifically designed to be unattractive to investors. The market price of this token can and will be reduced to something approaching zero from time to time.

I'm like how are you going to attract interest if folks don't get to see what's in for them?

Sort:  

The purchase of Rstory tokens on exchanges is an investment in people who work to produce measurable social and environmental benefits. We're thinking that there are a.) many people doing awesome work for too little money, b.) many people who give to charity that want to ensure that their donated funds are used exactly as intended, and c.) many people who would embrace cryptocurrency use purely for its cost-saving efficiencies if only there were a token that kept bad actors out by design.

In other words, we're betting that love and gratitude are a more attractive basis for economics than debt and predatory profiteering.

Now I understand you! This project will go far, you've got a nice and wonderful initiative!
Let's keeps our fingers crossed and hope that it works out as planned