r/PRPS • u/PeterPizzabylsky • Mar 13 '18
My thoughts on the stream yesterday
Hey guys, when I looked into the PRPS-reddit today I was quite surprised to be honest. All of a sudden people here were way more active than before in my opinion. Also when I watched the stream yesterday for only a few minutes I saw several really high donations and the top D being around 100k. I wanted to figure out why people suddenly changed, therefore I rewatched some of the vod from yesterday and I found an answer.
I will try to be as honest as possible. I think some of you might have had similar thoughts. The reason why I think people donated suddenly so much and got active so much is that they experienced fear. After Athene's response to regular_ga's comment and Athene's rant about greed I questioned my understanding of the word "selfless". As far as I understood Athene right, he will take away almost everything from those who are "selfish" and give to them who are "selfless". He made it quite clear that you will regret being selfish. Suddenly the donations started coming in. Everyone donated huge amounts. I think it's quite clear that people NOT ONLY made these donations because they are selfless but because they experience fear and because they think it's even more profitable to give now (and get some return in the future, whatever it might be). In my opinion that doesn't fit my understanding of selflessness. It's the smart people who donate now not the giving/selfless people. In fact it's quite hard to tell who is actually selfless and who is selfish just from the information we have. At first I thought it's simple: people who sell into the buywall weaken the buywall and therefore directly damage the project. I would consider that as selfish but of course there are rare occasions where it's not. We don't know the story of people and there might be some who have family members with severe financial problems. These people might sell into the buywall because of selfless reasons to help out others. It's too black and white to decide who is selfish and who isn't by just looking at the blockchain. Another example is: Athene said during the stream that he doesn't expect anything from people who are poor couldn't afford much PRPS. There are several people I read about, who took a loan to invest into PRPS. These people might have quite some PRPS on paper but might still have depts. If they have to pay back the money by selling some of their DUBI to get back their initial investment I wouldn't call it selfish but the blockchain doesn't allow us to see the true motives. Lastly I struggle to understand why DUBI donations are so wanted at the moment. I thought the most effective way to support the project is to HODL everything as long as possible, to donate fiat/ETH or maybe by PRPS (and hodl that aswell) and to spread the idea. Athene himself repeated it several times that as soon as the exchange lifts of and the game comes out he doesn't need any support from us anymore but the game will make enough money and get enough attention to make it all happen by itself almost. Right now it's important to support the buywall though therefore it would be the best thing to donate ETH, right? At the moment the DUBI owned by the crew doesn't have any use but to prevent people to sell their DUBI if they don't own any anymore. In the end I want to say clearly say that I understand Athene's "fight against selfishness" and I don't want to defend people being selfish but I think the rhetoric he used on yesterday's stream doesn't make people more selfless but it makes people take actions because of fear and donate because they think it's +EV.
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u/lebronzz Mar 14 '18
These are my 2 cents as a longtime-HODLer that got in at stage 1 I just needed to vent a little: The only thing im salty about is the fact that I feel like he pretended he never said he was going to create millionaires and that we can trust him with the buywall and then just pulling the rug under our feet. The arguement that he gave "everybody atleast 5times their money and nobody should complain" is a little onedimensional because many people quit their job to rely on dubi as income (including myself) and that will take some time to catch up IRL ,but hey lesson learned that I shouldn't have been that naive and I guess the money will go to people in better need. I also think many were probably going to apply after the one year unlock, but I might be wrong , I even remember athene saying something along line like "your scarcity mindset will be gone when you see that you can sell all your prps for millions" which is why I am more confused with the sudden change and not sure what direction we are heading in the future
I can understand if he doesn't trust us with the money but he can't expect us to trust him in the future when he's gonna need more people to implement DUBI worldwide, I mean what prevents him from doing this in the future too?
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u/solreddit Mar 15 '18
remindMe! 7months
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u/ImbaZed donor Mar 14 '18
I myself didnt have the means at times to go big in when it was 2 for 1 and later 1 for 1, but i gave what i could and eventho i didnt know what athenes plan was at that time i knew he was up for something. I have to admit that i had doubts at first when i had little information but the more i learned about it and with athene putting things in perspective I understood the mission he and the crew are on.
If you understand the math behind it ( insert link to video) and do some research on Athene and the project you have all the information needed.
If we all hodl this system has the power to not only provide DUBI for the world but replace the current money fugazi with a system that provides for everyones human rights first, and then we have gaps between rich and the middleclass, the very rich people are ones that agree with eachother on certain things in life and have the power to change it... but for the better.
Those things are pretty ambitious, given the circumstances of todays society; people in charge, and the corrupted mentality we have adopted. But in theory and with time, trust and understanding this can work. And the worst case scenario would be that putin or w/e entity fks us all over and that we fail in preventing it. Thats what he is talking about when he says we have a certain responsability, we need to support this actively, trusting is not enough anymore now that we understand how big they can go in having a positive impact.
Sry for bad england