{
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    {
      "author": "steemitboard",
      "body": "Congratulations @fuzzdog! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@fuzzdog/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@fuzzdog) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=fuzzdog)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
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      "parent_permlink": "how-will-steem-capture-value",
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      "author": "steemitboard",
      "body": "Congratulations @fuzzdog! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@fuzzdog/birthday2.png)](http://steemitboard.com/@fuzzdog)  2 Years on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - Home stretch to the finals. Do not miss them!](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-home-stretch-to-the-finals-do-not-miss-them)\n\n---\n**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**\nCollect World Cup badges and win free SBD\nSupport the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)\n\n---\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "author": "steemitboard",
      "body": "Congratulations @fuzzdog! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@fuzzdog/birthday1.png)](http://steemitboard.com/@fuzzdog) Happy Birthday - 1 Year\nClick on the badge to view your own Board of Honor on SteemitBoard.\n\nFor more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday)\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "author": "stephen-molyneux",
      "body": "Well his name is Stefan and my name is Stephen. These are for me both different enough to be actually different.",
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      "body": "I don't think its necessarily a conspiracy to [ump a ponzi but it is 'the rich helping the rich get richer while hte poor look on in bemused ignorance waiting for table scraps.' The underlying philosophy of Steemit was advertised differently to what is here. This is classic circle jerk.\n\nHow I got rich doing nothing but selling the idea of how I got rich to the ignorant masses who will never be rich because they thought they could buy the secret of how to get rich. I can give you all a hint, moral flexibility and ethical ambiguity.",
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      "author": "stephen-molyneux",
      "body": "Ha! Well you could say why not change my name altogether, however, I'm proud of my name and I'm sticking with it. Glad it's not just me that thinks he's a loon...",
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      "author": "fuzzdog",
      "body": "idk why so many \"Libertarians\" are so shit at being Libertarian.  Molyneux is a cunt and I only came here to abuse him. Why wouldn't you post under a pseudonym if you have the same name as a well know douchebag?",
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      "author": "fuzzdog",
      "body": "It makes me happy that you delusional faggots will be poor when this shit dies.",
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      "body": "Can you explain a little more? I naively thought it was a genuine introduction post of a new user.",
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      "author": "fuzzdog",
      "body": "This is a joke. A post created and upvoted by the large holders of SteemPower to help pump the ponzi. Disgusting.",
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      "author": "john.galt",
      "body": "There's a great article by @dantheman about Steemit's valuation: https://steemit.com/steem/@dantheman/how-to-calculate-the-market-capitalization-of-steem",
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{
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      "author": "fuzzdog",
      "body": "This post is an example of the post. It is literally copied from a proper website, taking credit and making money. Fuck Steem, this is a party of irrational exuberance. \n\nLink here: https://www.cryptocoinsnews.com/steem-soars-1000-bypassing-litecoin-can-work/",
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      "body": "http://trimed-cms-prod.s3.amazonaws.com/styles/180-150/s3/assets/articles/moneyMagnet.jpg?itok=L9P8nqmi\n\nThere is definitely value in our interactions online. Companies like Google and Facebook have found a way of capturing some of this value which is reflected in their market caps. The main way these two companies make money is by selling advertising (correct me if I'm wrong, this whole post is off the top of my head and I don't know everything).  \n\nPeople who want to advertise get to feature more prominently to users than they would \"organically\" through Google or FB's algorithms. In some ways this could make the user experience worse since it perverts what is theoretically a good algorithm for predicting what users want to see. On the other hand since advertisers want to be profitable they have to be advertising something that will earn money (i.e. people deem it valuable and worth paying for). An advertiser that makes less money from people coming to their site than it costs them to place the ads will eventually go out of business and stop advertising, thus ensuring that user experience is not degraded with links that are not useful for users.\n\nIn some ways advertising is like an extra filter  for content. Starting from a solid base of advanced algorithms developed by Google and FB that predict what we want to see, an extra layer of results come from the Darwinian free-market approach where money is the resource that keeps you alive and only the best survive. So while advertising can be a positive thing for users, it is the Googles and FBs that reap the financial rewards. And why shouldn't they, they've built a useful system.\n\nPerhaps this is the type of system Steem will become. Paying to make your post more visible, taking a risk that people will enjoy it and you will make your money back. Or perhaps their will be professional curators that will stake their money on promoting posts in hopes of a payoff.\n\nI still need to look into how the mining and hosting and all the other specifics work here to get a better idea of how and if Steem will work (I've noticed it relies on the centralized Reddit and FB to prevent sybil attacks) but for now it's definitely interesting.  \n\nI haven't even got into all the other sources of value that can be tapped from social networks such as training artificial intelligence so lots to think about.\n\nLooking forward to any responses with your thoughts.\nCheers",
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      "body": "This is my first post on Steem and a bit of a test. I don't know if anyone will read it but I am looking for responses to this question and I'll post a bit of my thinking here as well.\n\nThere is definitely value in our interactions online. Companies like Google and Facebook have found a way of capturing some of this value which is reflected in their market caps. The main way these two companies make money is by selling advertising (correct me if I'm wrong, this whole post is off the top of my head and I don't know everything).  \n\nPeople who want to advertise get to feature more prominently to users than they would \"organically\" through Google or FB's algorithms. In some ways this could make the user experience worse since it perverts what is theoretically a good algorithm for predicting what users want to see. On the other hand since advertisers want to be profitable they have to be advertising something that will earn money (i.e. people deem it valuable and worth paying for). An advertiser that makes less money from people coming to their site than it costs them to place the ads will eventually go out of business and stop advertising, thus ensuring that user experience is not degraded with links that are not useful for users.\n\nIn some ways advertising is like an extra filter  for content. Starting from a solid base of advanced algorithms that predict what we want to see, an extra layer of results come from the Darwinian free-market approach where money is the resource that keeps you alive and only the best survive. So while advertising can be a positive thing for users, it is the Googles and FBs that reap the financial rewards. And why shouldn't they, they've built a useful system.\n\nPerhaps this is the type of system Steem will become. Paying to make your post more visible, taking a risk that people will enjoy it and you will make your money back. Or perhaps there will be professional curators that will stake their money on promoting posts in hopes of a payoff.\n\nI still need to look into how the mining and hosting and all the other specifics work here to get a better idea of how and if Steem will work (I've noticed it relies on the centralized Reddit and FB to prevent sybil attacks) but for now it's definitely interesting.  \n\nI haven't even got into all the other sources of value that can be tapped from social networks such as training artificial intelligence so lots to think about.\n\nAll responses welcome. \nCheers",
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