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RE: People still whining about flags

in Deep Diveslast month

I started voting you after you came back from that.
I wouldn't be so sure about btc, those fees, and the banksters taking over, are making it worthless.

What good is a 1000usd of btc when the fees spike to 100?
All your growth goes into the fee.

Our hope here is to band together enough stake to finally make a dent in who controls what.
Until that happens, this is what we get.
Presuming, we continue to play.

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So why are you only burning all rewards?

It's not original material.
I copy/pasted it.
I set it to burn to keep it out of the hands of people that have too much now.

Doesn't it just flow back in the reward pool when burning? Or no, that was declining?
Burning it goes to a burn account? And reduces the supply?

Also memes and ideas are open source bro

Burning pays curators and burns author rewards, declining sends it all to trending.
Burning benefits us all equally by reducing supply.

Also memes and ideas are open source bro

Yeah, and if you get caught passing off memes as your own, or even just not declaring them not yours, you run the risk of getting flagged.
Sources must be cited, according to 'the rules'.

'Original content every time, or it gets the flag.'
I often get butt hurt people looking through my blog and ratting me out.
You remember when I was posting excerpts from old books?
https://peakd.com/c/hive-129614/created
That stopped because I got ratted out.
Despite the fact that it was most certainly original work formatting them as I did.
Alot of those books I touched every line making them line up like they do.
Some others were pretty easy, but some of them required that every line be formatted.
Maybe there was short cuts to doing that, but I don't know them.
And, nobody can tell me that the content of those posts doesn't 'add more value' than some crappy 'I bought some noodles in kenya now pay me' posts.
https://peakd.com/hive-167922/@nathen007/shocked-the-price-of-groceries-in-nigeria-ah1
That thread has more information in it than any ten trending authors.

Making bitcoin worthless? Ur joking right?

What good is it if the fee is higher than what you have in the wallet?
When the banks are cheaper than btc, something is wrong.

Lots of money still to be made in btc, but it won't be the ultimate currency, imo.

That’s been accepted years ago. Store of value. Not currency.

My questions revolve around what value does it store?

IF only banks, hedgefunds, and gov'ts hold it, and nobody uses it for a currency, how does it maintain its value?
Those folks don't send money back and forth, very much.
No, I see btc going down, from what peak I can't tell you, but without utility beyond numbers on a ledger, I don't see it as a viable long term investment.

So far it’s been reliable. I guess we’ll see.

It will certainly be many years in the playing out, but the trend I see is that folks will use the coins they are comfortable with and the others will perish.
The ones most successful over the next couple years will likely be the ones that survive the longest.

Presuming, of course, that nobody reads a book and discovers why we have to have workers, but we don't have to have dollars.
https://theanarchistlibrary.org/library/petr-kropotkin-the-conquest-of-bread

The fees are not that high, maybe you are mixing up something - or are using the wrong trading places.

My experience with btc fees is from 5 years ago.
I understand that measures have been taken.

The thing that won't be changing is buying into btc guarantees the hierarchy.
I will never be a btc whale, absent some other whale dumping his bags on me.
Most of us will never be whales, period.
Why would I buy into a game that I can only lose at?

I will never have enough to manipulate the markets in my favor, and the people with enough to do that are unlikely to stop.
Btc is ded.

But, don't mind me, still alot of money to be made in sh*tcoin.
Even xrp has big profits left to be wrung out of the suckers.

Don´t agree. It is still very worthwhile to buy BTC little by little over time and use dips like recently.
No need to try to become a whale, but that shouldn´t dis-encourage you from building up some of your wealth in an inflation-proof alternative.