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RE: Real Talk: The Future of Steem
Witnesses like smooth and marky saying that running anything on top of the steem node will be too expensive? Muahaha. They earned hundreds of thousands of dollars worth of crypto in the past, and could literally run the whole network on their own with their profits.
But now steem is 20 cents and it gives them a good excuse to remain useless? I guess they should use it.
Perhaps you should look into what I have spent in the past when the revenues were higher (never anywhere near as high as EOS though). Hint: I was the main sponsor of busy getting developed, among supporting many other things. There have been numerous periods, even at higher prices when I was literally running negative as a witness for months after paying for initiatives and sponsorships (also ignoring that witness rewards were and are not liquid, including when it took two years to power them down)
So first of all stop talking about things you don't know anything about and second, none of this addresses the question of why EOS BPs currently pay for a lot of development and Steem witnesses currently don't. Looking at the revenues being currently $700K/year vs. $21K/year does explain it.
Its cool buddy, we like you. Thanks for the hard work.
What are you talking about?
I've made 10,358.765 Steem Power as a witness for the last 15 months combined. That's worth about $2,900 USD. I can't assure you, it isn't even remotely worth it financially.
If Steemit Inc can't run the entire network on $2,000,000/year, I don't see how I am going to run it on $2,900 over 15 months.
Now before you respond saying at $7 Steem it's worth x, I haven't powered down, so I'm stuck holding it all at the current $0.28.
on top of the losing money as witnesses these two characters also 'spend big bucks' on their bot-flagging operations, AND ALL THAT BECAUSE THEY LOVE STEEM
they are criminal beyond belief , call the police people
cabal is desperate to hide their crimes , follow the steem , just follow the steem . this place is so rigged it boggles the mind