Chronotope’s avatarChronotope’s Twitter Archive—№ 74,727

            1. …in reply to @mathewi
              mathewi petersterne So one Steem is worth 0.000166 BTC cryptonator.com/rates/STEEM-BTC (assuming you can get someone to buy it) ...
              OpenGraph image for cryptonator.com/rates/STEEM-BTC
          1. …in reply to @Chronotope
            mathewi petersterne And then if you can convert that to real dollars you get.... 15 cents. google.com/search?client=opera&q=0.000166+BTC+to+USD&sourceid=opera&ie=UTF-8&oe=UTF-8
            OpenGraph image for google.com/search?client=opera&q=0.000166+BTC+to+USD&sourceid=opera&ie=UTF-8&oe=UTF-8
        1. …in reply to @Chronotope
          mathewi petersterne But if you *actually take STEEM out of the system* you are basically making it so you can't engage using the network?
      1. …in reply to @Chronotope
        mathewi petersterne "The rest, like most things in the blockchain space, is a bit difficult to explain." coindesk.com/steemit-blockchain-social-media-how-works/
    1. …in reply to @Chronotope
      mathewi petersterne Yeah, I feel like if you took the Bitcoin part out of this, you'd just be describing a pyramid scheme.
      oh my god twitter doesn’t include alt text from images in their API
  1. …in reply to @Chronotope
    mathewi petersterne B/c haha, "high quality" where influencers can straight up buy the equivalent of 'page rank'? Sounds like a disaster
    1. …in reply to @Chronotope
      mathewi petersterne Basically STEEM is as if you could pay Google to rank your page higher but DFP only paid out via laundering your cash.
      1. …in reply to @Chronotope
        mathewi petersterne Wow, it isn't often that it turns out something is more of a disaster then I thought on first impression.
        1. …in reply to @Chronotope
          mathewi petersterne B/c making a currency generate based on writing things means inflation will make everything worthless in quick order.


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