Welcome to my little corner
Due to author rewards being zeroed out on last day of payout, by buildawhale account but really thanks to Hive's wannabe antihero, and for reasons unknown and silence on the matter, please instead use the gift 🎁 on peakd or donate liquid HIVE & or Liquid HBD here to make tips/donations.
The most vivid and most powerful dream your mind ever concocted to exist for you is the one your living in right now.
Your dreams are only just beginning when you wake up.
OFFICIAL POST HERE:
It's theft plain and simple.
Since the beginning that man learned to write to take accounting for things sold and bought and borrowed, along the line interest was introduced to rob a people blind and make profits.
You can research what it is on your own time. I want to ast to ask the community who accepts to put their accounts as collateral for the loans you receive on interest. Do you value your own content?
Whether as a loaner or the receiver, you put yourself and at others in a critical situation in the longer term, where everyone will end up in poverty, famine, and at war with each of your neighbors. It has destroyed countless economies and communities throughout history. What makes you think that it won't happen with hive if it's tolerated to continue?
Well respectful philosophers across time have warned of its practice. The priests of major religions have banished it until now as the Catholics they practice it they use the usual gimmick to excuse themselves. Scripture verses that serve their agenda. Most likely due to their ties with the Rot|childs.
Not going to point fingers because you know who you are.
There exists on Hive certain users who are giving out loans on interest while also must give up their Master keys in order to receive a small percentage of a loan based on what they have staked. Not only that, they must set the loan shark as their account recovery. Your really going to trust that???
It doesn't matter how much interest, even .0001% interest on what is borrowed is theft. It's not about how much is being robbed, or who is doing it, or where. it's about the principle ethics. And what we could do to combat theft and scams.
These loan sharks are counting on the misfortune of you not being able to pay back in time. And if you miss the deadline? Adios to your account and all potential future profits from previous posts. With the loan shark in control of your accounts keys, they'll be able to change the keys at any moment. They could just be waiting for enough users to get into the program and then bam, all at once all keys off all participants can say good-bye to all their earnings. And for what? For a 100-500hbd loan with thievery fees?
What is the big deal with interest right? It's so common. No? So it must be normal right? It must be okay to do?
No. It definitely is common but it's nothing near normal. It's not normal to charge interest. It is the oldest swindle scheme in the book dating back to ancient mesopotamia. It's evil and anti life for reasons already mentioned above.
So what do I think of those who let themselves be robbed this way. Ignorant most likely as many don't even know what it is, but hey who cares right you got that liquidity now.
Pathetic.
Do you value your content? Because of those of you who are participating in this usury, it really begs to question if you have this community in your best interest when you so willingly put it all on the line for a small gain that you could have just had a family member lend you some or even power down some. But this above? Shameless heathens.
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