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RE: Some Possibly Sacrilegious Thoughts About "Investors" and Steemit

in #steemit8 years ago

Yeah, you're right, it's getting old. And I'm getting old, listening to it.

The closest we have to "investors" here are the people who put in $500K of their own money to develop some kind of app/program/bidbot in order to profit. But even that is more like "working capital management" than anything. Somebody like @blocktrades, perhaps. But it's still more brokerage and arbitrage than it is investing.

Part of the problem that sometimes makes me feel like I'm going prematurely gray is the incredibly "Steem centric" thinking about here. Everything is about "the magic of Steem" and nobody's looking at how the psychology of the outside world functions and nobody's taking much of a look at the massive fuckups that led to other companies' demise.

"Yeah, but Steem/Steemit is special and different!"

Yeah, you're "special and different," alright... because you drank a particular brand of Kool-Aid that suddenly rendered you exempt from the quirks of human nature and psychology...

Sorry, that was a bit snarky, but still...

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