Tether isn't as safe as you may think. They've printed hundreds of millions out of thin air without providing any convincing proof of having the USD to back it up, as they claim. It may fall apart at any time, especially if regulators come down hard on Bitfinex.
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I understand your concern, however, everything is in risk in this industry. I am honoured for being noticed by a high reputation Steemian like you.
Probably this is not the place to start a conversation like this one (bellow), but I feel intrigued with what many users are doing while posting (I am no saint, but I have learned that it actually hurts the "good" community within STEEM). So here I go...
Reputation (the number) is not something I believe in the Steemit platform anymore. Does not mean that people have or not in fact, a good reputation. But what was, in the beginning, a good simple way to understand the reputation of a Steemit user, now its completely false to assume only that number as comparison/measure point.
Simply put, the ability to buy votes makes that characterization/attribute not true. In my view, reputation should have a different weighed system, not dependent on STEEM POWER VOTING only, but also dependent on peoples opinion (using a normalized score).
Something like steemhunt is doing. But I would even add another component which would be "trended". If a user gets initially lots of votes, and then ONLY downvotes, then it should have negative trending (meaning the overall reputation should decrease). This last method should decrease the appetite for "gaming" the system and inspire good cooperation within the community. The remaining question here (from myself) would be, how you would balance the 3 mechanisms for reputation...
Anyway, just some philosophical thoughts of my own when I read that you were "honoured"!
PS.:
It costs a bit of time, but going through people's comments actually makes me learn a lot about them. =)
I understand your concern. I understand your concern on the word 'honoured' being used here. I think you didn't considered my cultural background. I came from a country where, 'thank you very much', 'appreciated', 'honoured', 'privileged', 'humbled','respected' are synonyme of each other. We appreciate people in the best possible way, who appreciates us.
We feel honoured if some one appreciates us. We are renowned for our guest loving attitude. I don't want to say too much. You can check about our culture in google. By the way , I am from Bangladesh. By culture, I am Bengali.
Thanks for explaining that. I understood exactly that. =)
Anyway, I did not meant to offend cultures here... nor to be picky on any details of any culture. Just that I saw something being done over the STEEM blockchain that I don't agree with =)
While I agree the Reputation score isn't everything and is flawed in many ways, it does show that someone has been flagged rarely enough to grow the rep most who have abused voting bots see their rep flagged down, end up on Blacklists and sometimes votes are even removed.
Negative Reps are especially helpful to me, and in most cases, I simply will not communicate with accounts with a bad rep.
Why not provide a dual score instead of a composite score? There should be a way to filter out the noise of posters.
And while I'm here, why the hell did you buy $800 worth of upvotes? I just want to understand that logic.
It seems really unimportant compared to other things they are working on. :) I didn't write it. lol
In due time. Until then, we need our own condenser. I wonder how much it costs to produce a website and pull the data from steem public nodes. Is that why steepshot works so slowly?
Oh and I didn't mean to direct the $800 post at you. That was for the OP
They print fiat without cover in gold so its kinda the same thing. The only diffrence is fiat is way older but as always old things get replaced by new ones. Cheers^^