RE: Part 2 of Our Plan to Onboard the Masses by jaki01

View this thread on: hive.blog | peakd.com | ecency.com

Viewing a response to: @masterthematrix/masterthematrix-re-steemitblog-part-2-of-our-plan-to-onboard-the-masses-20190808t212713414z

communities · @jaki01 · Aug 9 '19

$0.05

> You should think about giving an option for SP holders to get more ROI from the reward pool without the must to vote on low quality content.

I don't understand why investors always talk about their ROI (and I am an investor as well)? Their main aim should be to increase the <em>value</em> of STEEM.
And the <a href="https://en.wikipedia.org/wiki/Network_effect"><em>value</em> of a (social) network</a> is measured among others by the number of its users.
Did I need 'ROI' when I bought BTC some years ago? Or am I happy about the high <em>value</em> my BTC have nowadays? :)

Nothing against ROI, but I think we shouldn't be that focussed on it ...

👍 englishtchrivy, valued-customer, jarielomaa

`author`	jaki01
`permlink`	pvy4dh
`category`	communities
`json_metadata`	{"tags":["communities"],"links":["https://en.wikipedia.org/wiki/Network_effect"],"app":"steemit/0.1"}
`created`	2019-08-09 01:34:30
`last_update`	2019-08-09 01:34:30
`depth`	2
`children`	3
`last_payout`	2019-08-16 01:34:30
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.039 HBD
`curator_payout_value`	0.012 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	653
`author_reputation`	543,141,185,120,692
`root_title`	"Part 2 of Our Plan to Onboard the Masses"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	89,314,009
`net_rshares`	154,819,390,691
`author_curate_reward`	""

properties (23)vote details (3)

voter	rshares	pct
englishtchrivy	143,488,999,278	100%
valued-customer	10,803,109,299	25%
jarielomaa	527,282,114	100%

@valued-customer · Aug 9 '19

$0.03

Capital gains create ROI.  The increase in the value of your BTC is capital gains, and also your ROI.

👍 jaki01

`author`	valued-customer
`permlink`	re-jaki01-pvyeoj
`category`	communities
`json_metadata`	{"tags":["communities"],"app":"steempeak/1.14.12"}
`created`	2019-08-09 05:17:09
`last_update`	2019-08-09 05:17:09
`depth`	3
`children`	2
`last_payout`	2019-08-16 05:17:09
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.023 HBD
`curator_payout_value`	0.007 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	101
`author_reputation`	364,597,697,397,638
`root_title`	"Part 2 of Our Plan to Onboard the Masses"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	89,319,527
`net_rshares`	93,831,238,680
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
jaki01	0 B		93,831,238,680	3%

@jaki01 · Aug 9 '19

$0.06

Yes, technically you are right ... however, when most people here are talking about "ROI", they actually mean "interest" in a way to increase their <em>number</em> of owned STEEM.
I wonder if in future I should replace "ROI" by "interest" or just describe in other words what I mean?

👍 englishtchrivy, valued-customer

`author`	jaki01
`permlink`	pvz12z
`category`	communities
`json_metadata`	{"tags":["communities"],"app":"steemit/0.1"}
`created`	2019-08-09 13:21:00
`last_update`	2019-08-09 13:21:00
`depth`	4
`children`	1
`last_payout`	2019-08-16 13:21:00
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.042 HBD
`curator_payout_value`	0.013 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	283
`author_reputation`	543,141,185,120,692
`root_title`	"Part 2 of Our Plan to Onboard the Masses"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	89,331,906
`net_rshares`	166,935,319,885
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
englishtchrivy	0 B		155,545,700,346	100%
valued-customer	0 B		11,389,619,539	25%

@valued-customer · Aug 9 '19

$0.03

I note a dichotomy between the effect of profiteering and investing for capital gains on the underlying investment vehicle, and those are the terms I use.  The former extracts the value of the business, and the latter is intended to increase the value of the investment vehicle, in our case Steem, creating capital gains.

Both methods create ROI, but the former destroys businesses, and the latter builds them.  Throughout history examples of both methods demonstrate these effects, and the latter proves far more productive of ROI over time.  This is why Warren Buffet is far more wealthy than Mitt Romney.  Buffet builds businesses and causes the value of the companies to increase, while Romney sells the assets of the companies for profit, destroying them in the process.

👍 jaki01

`author`	valued-customer
`permlink`	re-jaki01-pvze58
`category`	communities
`json_metadata`	{"tags":["communities"],"app":"steempeak/1.14.12"}
`created`	2019-08-09 18:03:12
`last_update`	2019-08-09 18:03:12
`depth`	5
`children`	0
`last_payout`	2019-08-16 18:03:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.021 HBD
`curator_payout_value`	0.006 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	776
`author_reputation`	364,597,697,397,638
`root_title`	"Part 2 of Our Plan to Onboard the Masses"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	89,341,552
`net_rshares`	85,196,397,278
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
jaki01	0 B		85,196,397,278	3%