Or: How I Learned to Stop Worrying and Love BROWNIE.PTSAs a newcomer and fresh pair of eyes I thought I’d share my [considered thoughts || deluded ramblings] on this topic with the Community:
So, it seems I wouldn’t be alone in a journey of discovery from:
Noob- broadly equated BTS holdings to some sort of proportional share (heck, they are called ‘shares’!) in the economic value of Bitshares the ‘enterprise’
thru
Informed- Understand that current fee earnings are tiny and v.concentrated
- sharedrops represent the real value in the short/medium term
- 2.0 will introduce new/better potential earnings opportunites: referrals, workers..
thru
Confused/concerened- Read Stan’s take on targeted drops, PTS/AGS/.. (compete with BTS?)
- Saw potential share-dropper considering Mumble attendees (ignore BTS??!?!??)
- ..and along come BROWNIES
But hey, this is a community of world changers, with an agile mindset, surely we can be scared by this change stuff. So how do I get with the program and join the Enlightened Ones? How is by recognising that this ain’t a regular economics 1.0 listed corporation where Mr Idle Capital can just rock up with bags of cash and expect to buy entitlement to the fruits of others' hard work. No, this is way better.
My take on the whole what-token(s)-actually-gets-me-invested-in-this-bitshares-thing debate and BROWNIE in particular is this: in the post Evil Bank Inc brave New World many of this community are here to help create, decentralization is just one feature. The gift economy/ability to montetize reputation and alignment of economic reward directly with the real drivers of value - i.e. not simply in proportion to the $$ you happen to have – are at least as important. Seems to me BROWNIE is a pretty close approximation to distilled essence of real value, and all without any relation to the confounded Kapital. At the risk of earning BROWNNOSE.PTS Stan, BM & our other thought leaders are amongst the best I’ve encountered anywhere.
I suspect (and hope) Bitshares will never be a happy place for Joe Idle-capital looking to just park his $$ and wait for the returns to roll in. Sure voice concern that your stake isn’t being represented/contribution recognised, but leave the sense that your investment $$ alone buys entitlement at the door and you'll likely be a lot more
here.
Just 0.02 <insert token of choice> worth from comrade bulletproof