RE: What the Hell? A Fucking Rant by Michael David by michaeldavid

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ยท@dj123ยท
0.000 HBD
@michaeldavid I've upvoted you because you're funny and not because so many of your points has already been expressed by hundreds of different post done with less courage (or maybe less reputation to protect them from downvotes).

The reality is that to pull off all these functionality, it will cost tens of milions if not then a 100Million and about 2 years to develop and work out all the bugs on a centralized platform and so expect much-much more work to do this on a decentralized one (think facebook taking 2004 to 2006 to open signup to the world), and if the steem team also has to share their bank of $100Milion worth of steem with new registering users, if every user get 0.5 steem that's only 200million more accounts today not including steem cost to create an account (I'm guessing steemit must give less as more users join and more steem must also be generated), so spending all that money will also deeply cut into the cost of recruitment and just put that money/steem into the hands of insiders, coders, and project managers (not that there is anything wrong with that), instead of mass adoption (its almost a chicken or egg first paradox)

Understand that if there was a Series A 50Million for development (not sure where it will come from since there is no more mining for the creators or is there?) OR a tax for development from the community (which will make everyone poorer in the short term - need about 20% tax at Oct2017 price will give about 50Million),  then things will improve faster. But do you want your steem to be half in value or your money taxed so you will have your functionality ready in 1-2 year time, or are you willing to wait 3-4 more years and have more time to earn and buy more steem?

Just food for thoughts. I respect the spirit of this post...also it was really amusing to read, your should really post angry more often ;)

Bet you didn't know this was going to be your top earning post. ๐Ÿ˜œ

![](https://i.pinimg.com/736x/f1/04/cc/f104cc4c7a52cfd93770d288b5e8899f--shut-up-totally-me.jpg)

I predict easily >>$150. How much higher does everyone thing this can go up to in next 7days? Who wanna guess/wager?
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