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RE: First Principles: The Secret to Understanding Money & Cryptocurrencies [Techonomics]
Excellent video! Resteeming it. Unfortunately, you published this during a whale experiment where the whales are not voting. That means your post will probably not earn as many "productivity points" as it would otherwise. I hope you continue creating this ever-green content. It will create value for you, Steemit, and users for a long time, IMO.
Thanks! Really glad you liked it Luke. Good seeing you again! I do plan on putting out a lot more content in the coming days and weeks, regardless of the whale related shenanigans ;) While I don't endorse what anyone is doing, I have to admit that I am curious to see the consequences. I guess as someone who has been heavily rewarded by the community (and whales) in the past, it is my duty to take some on the chin :)
Hahah, yeah, good point. Ah, the good old days when posts were worth hundreds of USD productivity points. Too bad I powered it all up only to watch the price of STEEM plummet. That said, I've deeply enjoyed the conversations and relationships here and I'm still hopeful for the long term future value. Good seeing you again too. I look forward to your content. It might be interesting to explore a bit more on the disconnect between the scoring system itself ("productivity points") and the manipulation of the value of that token through many forces (federal reserve, governments, wars, loss of trust, market manipulation, etc). That, I think, is where things get really complicated. Those who should be rewarded aren't always fairly rewarded. There is no meritocracy and even "choice" may be an illusion from a materialistic determinism perspective. A UBI or a resource based economy or something like it might some day be possible, but not until we can figure out what we mean by "value" and "fairness" when it comes to rewarding our productive members of society while also caring for the unproductive ones enough to not let them die in the street due to their unlucky birth. And what is a "reward" anyway if productivity is just the result of determinism?
Maybe we should do a google hangout sometime and chat through this stuff. Might be fun.
Yeah for sure. I try not to think about how much my SP WAS worth :/
Yup, I definitely want to do some videos about that stuff. The mechanism through which the productivity points get distributed is really everything.
Yeah, we should definitely chat some time.