Here's a comment from @northern-tracey- My reply turned into a post, as it expanded into a general overview...

Yeh you see it but most people here don't coz they don't understand the business and tech side of things. I was just talking to Rycharde about this subject and how no-one is explaining to us how this thing works. I suggested someone like you would be great to write an entertaining piece on how this blockchain works and why it doesn't seem to be working. What we want from blurt (once we understand it) and how we can get it.
It's becoming clear something is not right here but someone needs to put it into words like you do but maybe without the daggers.

Here's my reply....:

Yeh you see it but most people here don't coz they don't understand the business and tech side of things.

I'm a total tech dunce, but I do know quite a bit about business and how to make a concern profitable.
....I also walked away from that lifestyle when I realized how chasing money makes you so poor (in all the more important things in life).

I was just talking to Rycharde about this subject and how no-one is explaining to us how this thing works. I suggested someone like you would be great to write an entertaining piece on how this blockchain works and why it doesn't seem to be working.

I've been writing for 4 years now - about why dpos - as it is now - will not work as a system.

(it's not a coincidence that it was called 'stakeholder capitalism' when steemit got off the ground, and why the WEF and anal schwab loooove it so much)...
(...here's a zero hedge article from just a few days ago...)
https://www.zerohedge.com/geopolitical/wefs-stakeholder-capitalism-just-global-fascism-another-name

It's becoming clear something is not right here but someone needs to put it into words like you do but maybe without the daggers.

Unless you want to be 'the new ruler', and simply taking over the place of the old rulers - it can never 'be right'.

It's a system, based not on merit, but on networking and collectivism mindsets.

Collectivists mindset necessarily means a 'dumbing down' so as to be able to encompass more individuals....
This is math.

This, in turn, leads to a fragility of the very structure.
As the complexity of the network increases and 'the collective' voice increases, the average Iq reverts closer to the mean as the group grows.
'The collective', becomes more stupid.

What emerges from this unavoidable evolution of network/complexity/fragility/dumbing down - Is that competence is replaced by low competence nepotism*.

'Social networking skills' become the metric of influence, not the ability to do a job.
The decay begins, only the timeline is unknown.

*....not to be confused with nepotism with competence - which is a system that has worked pretty successfully, for centuries. (lots of education by the ruling classes of their offspring/courts - thus perpetuating the nepotism, but with at least some degree of competence).

Without the essential ingredient of competence - something that the network effect dis- incentivizes (it is 'anti-collectivist), the result is - and can only ever be - a descent into 'idiocracy'...

Exhibits 1,2 and 3 - steemit, hive and blurt (+ time).

Competence is based on the application of sound principle's, out into the real world.

Incompetence is based on problem solving without the application of the underlying structures of sound principle.
Which will, inevitable, lead to idiocracy.

Expediency - being expediency (low competence and no principles other than a satisfy 'the now'), is always going to look as though it's a successful model.

...But, because expedience can only ever be based in short time frames (whatever that time frame happens to be, relevant to the environment it is being applied in)....it means, necessarily - that it is lacking in any of the underlying solid principle's that are used in 'successful competence' (those being relatively timeless).

Competence deals in applying sound principles to the real world - which gives you a far more accurate picture of reality...

The 'expediency model' will always, eventually - collapse.
(due to the issues pointed out above).

There you go....

(and now I'll make my first coffee of the day).

So.....if my outline above is an accurate one ...the next, and very obvious question, is what ...?

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_{Posted from https://blurtlatam.intinte.org}