RE: The Joy of flashing the STEEM account-value!! by fyrstikken

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Viewing a response to: @berniesanders/re-fyrstikken-the-joy-of-flashing-the-steem-account-value-20180218t142522010z

· @fyrstikken ·
$6.67
Yes, true - but I hate to do that even as a temporary solution. The ideal solution would be visibility of account values and money transactions only visible to the involved accounts encrypted by the public keys and decrypted by the private keys. And an <b>export to CSV</b> function for whenever the autitors need an update, like we do with banks, cash and everything else when reporting to book keeping.
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (33)
@elparsie ·
I made a wrong transfer to @ speedvoter 7,640 SBD. for which i want to send 0.076 SBD to @speedvoter.
please kindly repay me my SBD. therefore SBD my work for 1 month more in steemit

can you help me @fyrstikken
πŸ‘  
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vote details (1)
@cryptoj215 ·
Hahahaha thats quite a big difference lol!!!
πŸ‘  ,
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vote details (2)
@bob-elr ·
My friend, thats quite much and mistakes are bound to happen.

I advise you to visit @speedvoter blog and see if any link to discord which i believe there should be.  

leave comments everywhere you spot the name and you will get help.

Otherwise, since it sounds like an upvote bot, you just get upvoted the equivalent amount and if its above maximum transfer, @speedvoter should return your sbd.

That's simple.

**@bob-elr**.
πŸ‘  ,
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vote details (2)
@swissclive ·
Your transfer was for 7.640 SBD.  Immediately after the transfer you received a vote from speedvoter.  Sadly it was less than you sent.  Bid-bot voting adds all bids together and pays out its voting power pro-rata to the bids received.  In this case the voting power was much less than the total bids received.
πŸ‘  
πŸ‘Ž  
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vote details (2)
@introvertspeaks · (edited)
$0.23
I agree @swissclive. And by the way, I had to check out [Merriam Webster's](https://www.merriam-webster.com/) dictionary to take a look what the word pro rata means.
πŸ‘  ,
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vote details (2)
@moeknows ·
$0.07
To be clear, you transferred seven SBD not seven thousand, right?  Some countries use a comma while others use a decimal point.  In the US for example, 7,640 means seven thousand six hundred and forty SBD.  I suspect you mean seven SBDs and sixty-four SB...umm...cents.
πŸ‘  , ,
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vote details (3)
@edb1984 ·
Why would anyone use a comma for that??
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@deeplearner1 ·
perks of blockchain ... no refund :P
πŸ‘  
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vote details (1)
@juwelhb ·
nice photo
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@nathen007 ·
Problem is, the whole point is that the anarchist community wants rid of central banks so its going to be like banging your head against a brick wall trying to get them to act more like a bank sadly :-(
πŸ‘Ž  
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vote details (1)
@truce ·
**Yeah i added my two cents in a blog as well**

https://steemit.com/steemit/@truce/flashing-money-please-rob-me
πŸ‘  , ,
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vote details (3)
@madi95 ·
Amazing post,amazing idea good luck
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@pittsburghhodlr ·
$0.26
I AGREE, there is no reason to show the account value to those that aren't the encrypted account holder. You can already see ones' prestige by the number next to username, so the account value really isn't desirable for the reasons you've stated.
πŸ‘  , ,
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vote details (3)
@dana-edwards ·
Set up a company, let the company own the Steem Account rather than an individual. Why not that solution?
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@acdevan ·
Setting up a company will involve additional costs, compliance reporting, etc. If the account is worth a few millions, that may make sense.
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@dana-edwards ·
Yeah but thats the only option if your account is worth millions.
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@stayoutoftherz ·
But all the transactions are visible as well.
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@jackmiller ·
$0.05
Yes. Definitely.

One further step would be to do the same with the post value.

Anyone can see it and do a quick calculation.

However if only the number of votes and list of top 20 voters were to be public, while the $ value only visible to the author, this would likewise be the ultimate step in security and safety.

We do live in a world that is imperfect in many ways and unfortunately we do need to incorporate measures that are far more important than any "marketing".

Fully support your logic on this and prevention is the best cure.

For those that may consider this to be "too radical", well, ask yourselves these questions:

1. What would you do if it happens to you?

& if it's the marketing aspects that concern you:

2. Imagine the BAD publicity one dead child would do to Steem and Steemit as a result of the platform being the way it is.

After all, this is a SOCIAL NETWORK, first and foremost and this should be the basis for ALL measures taken to ensure that this platform here be THE BEST SOCIAL NETWORK out there.

Good call. Was personally thinking about writing a post on the topic and am overly glad to see that there are others out here who have similar justified opinions. 

Excellent notion.

Jack.
πŸ‘  , ,
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vote details (3)
@glenalbrethsen ·
$0.52
I'm on board about the dangers of having the value of the account visibleβ€”showing it does have its downside. We definitely do not live in a world where you can flash your money and no one care, or be envious, or simply want to rob you because they can. The invention of the blockchain and cryptocurrency, in part, grows out of a distrust of the geo-political-economic-social structure that exists.

And while transparency is the primary reason for us seeing or having access to what everyone is doing, isn't also being used as a check and balance? Safeguarding against 'bad' actors?

Tons of posts have been written on the subject of reward pool abuse, spam, etc, because the information is available.

I understand this to be a question of account value, but If you go hiding the fiat value of the account, won't you also have to hide the amounts of STEEM, SBD and SP?

And if you're going to do that, wouldn't it just make sense to make all of the wallet unavailable to everyone else, thus hiding the transaction history (which apparently, is already possible to do since I see older accounts with history limited to a week or so)?

Then, would that mean all of the apps floating around would have to change? I mean, we've got an entire ecosystem devoted to keeping this blockchain transparent/each of us in check. However, you want to look at it.

re: post amounts

I would agree with this for a totally different reason, except for everything I just said above. Not knowing the $ amount of a post *might* cause people to actually read it and then vote on it based on some criteriaβ€”quality, agreement, whateverβ€”rather than a monetary calculation only.
πŸ‘  ,
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vote details (2)
@jackmiller · (edited)
$0.11
The option to protect oneself should exist. In fact it should be as was mentioned "normal" to keep ones "bank book" private. 

However your points are valid points, change is not accepted by many people, because people are creatures of habit. 

I dare compare this to be something that is up to the user to decide if they wish to make their banking details public or not.

Like within some societies where some people have to do it, because of their public position, i.e. members of parliament.

Here it would apply to those offering pay for vote services.
Again, it would then be the owners choice to do so and not dictated by a limited number of choices on a platform.

As for the "$" value on posts.

Personally I can understand how this is a great marketing tool.

However, as mentioned earlier, does "marketing" justify putting anyone in danger?

As for transparency, everything is transparent, every transaction is listed in the blockchain, so "abuse" as such can be detected. Maybe not as easily. But easily possible as listed in The Whitepaper, there are plenty of "crabs" out there who will do that. Human nature is the way it is and some people just can't help themselves!

I would like to add another point to your last point about posts without a visible "$" amount on them.
This would also increase the meaningfulness of ALL voters who upvote. because all upvotes as such would be equal in value as far as the number of votes as seen go.

Hence increasing the overall satisfaction of those who do not have as much SP as others.

Equality as far as influence would be increased on all the posts for all users.
πŸ‘  ,
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vote details (2)
@gogreenbuddy · (edited)
$0.47
I complete agree but how do we implement it?
If the wallet is hidden isn't still quite easy to find out who the whale is?
OR do you want the steem power of likes also a secret and the earnings on every article...

The solution isn't very clear for me. You say the technology exist so please enlighten us!
 ''Just encrypt it by public keys'' would still make it visible for bots that just involve in every post right?
πŸ‘  , , , ,
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vote details (5)
@dana-edwards ·
Blind signatures. Develops know how and choose not to.
πŸ‘  
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vote details (1)
@elbiasto ·
really good point ... By tracking the trending Posts , it would still be easy to find out who does make a lot of money , even if the Reward is hidden.
πŸ‘  
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vote details (1)
@elizahfhaye ·
$0.72
Absolutely agree, it is better if the steem power and account value will be hidden from the public eye and only the vote value is visible with its reputation. Sometimes, having those huge digit in steem power will somehow gives inconvenience for the account owner and so for the hackers. I hope they can device a solution on this matter.
πŸ‘  , , , ,
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vote details (5)
@cryptoj215 ·
Why are wallets open to the public to see on here...i find that kind of weird...its like showing your bank balance to the whole world all the time!
πŸ‘  
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vote details (1)
@anthonyj ·
Harder for people to be shady, IMO.
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@vjbasil ·
Yes,
after reading your post I cannot other than fully agree!

When I came to steemit 2 months ago for the first time, I found it rather funny and "liberating" that everything is completely visible, but in fact this is obviously crazy!

But isn't this also an inherent problem of the whole underlying blockchain technique?
Everything is stuck forever in that chain which is sort of in the public domain.?
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@dana-edwards ·
They could set up an account tree where your main account controls your puppet accounts. Those puppet accounts could have hidden wallet value and you could transfer to them in theory using blind transfer or similar.
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@littlescribe ·
That's a good idea....
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@vjbasil ·
$0.24
Yes,
I'm afraid all this will be next to impossible; the whole fundamentals are what they are and probably it will prove to be impossible to change it or the whole blockchain will have to be dismantled and rebuild anew.

Because, what about:
https://steemnow.com/@dana-edwards
https://steemd.com/@dana-edwards
## ???

### literally everything is out in the open!
πŸ‘  , , , , ,
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@baksi ·
that's where this electronic crypto currency is taken for me, it remains a mystery until now,
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@molemoney ·
Was your picture a National Lampoon tactic? πŸ€™ @fyrstikken
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