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RE: The Paradoxical Downfalls Of Steemit's Decentralist Ideology...
I really don't get the economic death spiral talk. The price went down a bit... it happens, so what? Armageddon?
I really don't get the economic death spiral talk. The price went down a bit... it happens, so what? Armageddon?
ha ha... I must confess, I too, have used somewhat sensationalistic headlines at times. Perhaps that title may have been overexaggerated a little, nonetheless, always best to focus out to the overarching concepts rather than get hung up on the precise literal translations...
Oh, I agree, of course. I just feel that most people tend to either be unreasonably positive or unreasonably negative. I think your post here raises a lot of good points and questions and walks the fine line between the two pretty insightfully.