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Katharsisdrill @Katharsisdrill

I have been very busy on as it is actually the place I get a lot of my money from these days...

Here's a blog post about the ending of the Völuspá

steemit.com/poetry/@katharsisd

# mastodon.art/media/irLxirKK79w

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@Katharsisdrill I am wondering if this might be a good place for some of my grumpy opinions on art and practice and so on.

@artsyhonker - certainly, it is. Everybody that can bring some quality blogging will be more than welcome. As money is involved there is begging, spamming and other bad things, but it does actually work surprisingly well.

Go for it - and write me if you need advice.

@Katharsisdrill Do you post your articles elsewhere as well, like a traditional blog or something? And would this be allowed?

@Katharsisdrill I'm sortof wondering if it would be a good place for my "how to sing Psalms" series, which I've been meaning to write for, er, eight-ish years.

@artsyhonker - I sometimes use a post that I have made on Diaspora and build from that, but I have not done that much blogging before.

You are free to use your own copyrighted material - the place is a liberal/Libertarian experiment and it does not have many rules. As in most social networks there is the henhouse justice, but it is not really something I have had a problem with and I seldom see it.

A psalm series sounds good! - if you have a Facebook -page you can use that to get an account.

@Katharsisdrill

I was wondering if it is worth it to invest time & content onto this platform. What you are saying, there is *some* income?

/cc @artsyhonker

@luka @Katharsisdrill @artsyhonker My biggest concern is the blockchain currency part of it, tbh.

@artsyhonker @luka

There is income - but it does of course depend on how much you earn on your posts... and that can be pretty little in the begining. But I can promote you a bit.

Steemit is an experiment and it can go up and down and it can do that many times a year. No one knows of course. I have earned more than 20.000$ that I have converted to Danish Crowns so that is secure - right now I have about 50.000$ in values on the Steem network. you can see it here:

steemit.com/@katharsisdrill/tr

@Katharsisdrill @luka I think the thing for me is that currently what I get paid for writing anything is, er, zip, so trying a new platform is relatively low-risk.

@artsyhonker @luka - yes, there is no risk unless you try to invest some money in crypto. I have earned it all by being active on the network and having quality content.

@luka @artsyhonker

.... but that can change with the prize of the coin.

But see it this way. You have not done anything that differs from other social networks and you have not invested any money.

As for the blockchain thing.

what is your worries, Kathryn?

When you have an account you also have a wallet - you need to be careful with the very long password - write it on paper and keep it secure - but that is about that with security.

@Katharsisdrill @luka I'm wary of getting into cryptocurrencies, which are not that easy to buy groceries with and certainly won't pay my rent. Yes, converting them to real money is possible, for now; but I'm unsure whether I want to invest in building community in a place and having the bubble burst.

@luka @Katharsisdrill Which isn't to say that I won't give it a go; it might still be enough incentive to get me doing some writing again, which would be nice.

@Katharsisdrill @luka but the value creation here seems to be generated by... what, exactly? I lack the technical economic language to explain my misgivings fully. It feels like there's a gap between the work done (that of writing/curating) and the reward (units of currency) which is being explained by some kind of magical thinking around blockchains.

@artsyhonker @luka - the generation is simple inflation. The money is created and then distributed - like that Facebook for many years did not earn any money, the network is currently only giving value because of the promising technology and the promising network. One of the plans in the future is to burn all the revenue that could come from advertising. That way there would be fewer coins and they would be more valuable. But right now there is no ads.

@luka @artsyhonker
A place like Facebook generates billions on big data and advertising. The basic idea is that Steemit could be a place without big data and the advertising money returned to the users.

@artsyhonker @luka - like Yuan - you can't use it to pay your rent before you have converted to £.

@Katharsisdrill @luka Right. And I don't know that I will in future be able to convert it to £ (or $ or € or whatever).

@luka @artsyhonker - There is a price that goes up and down all the time. Just like the pound to Euro or dollars.

@artsyhonker @luka - when the prize is good or you need money you exchange it for pounds.

@Katharsisdrill @luka OK, but why should anyone buy STEEM off me? That's what currency conversion is.

@luka @Katharsisdrill My concern isn't with writing stuff and not getting paid, because I can do that already. And it isn't with writing stuff and not doing well compared to, say, other steemit authors.

@Katharsisdrill @luka Rather, my concern is with investing time and energy into a platform with a linked currency that may be supremely unstable (compare BTC to $ or £ for example) and *thinking I am doing well* and then having it all collapse under my feet.

@luka @Katharsisdrill I have longevity concerns with most platforms, including here, of course. But blockchain-based currencies are basically "money you can't meaningfully spend unless you sell it to someone else first" in my book, and that lends an extra dimension of caution. I'm sure that it is currently possible to receive income from steemit, and transfer/exchange it into real money as you describe.

@Katharsisdrill @luka And I've applied for an account and I will try it out, if nothing else to see whether having income/rewards in an obscure unstable currency does work for me as a motivation to write. I'm genuinely interested in the answer to this!

@luka @Katharsisdrill (My composing output went way up when I started a Patreon account on a pay-per-work basis, because I was reluctant to let the end of the month go past without finishing something so that I could get paid. I was surprised, because I'd been writing music and putting it online under CC by-SA for ages anyway.)

@artsyhonker @luka - Fine I'll have to go eat - and before that stop my quarrelling daughters - but write me again if you have questions or want help.

@Katharsisdrill @artsyhonker @luka Not trying to be excessively quarrelsome; just trying to find the right words to explain my misgivings.

@artsyhonker @luka - No problem at all. I think you should try and if the weird Klondike feel of all the many people obsessed with money does not fit you then you can just stop using it. I have had some fine new followers of my comic though and two people who translate it to French and German.

@Katharsisdrill @artsyhonker

Thank you both for this thread, and Katharsisdrill for sharing some insider perspective. This is certainly interesting. I got interested in cryptocurrencies during the summer but lost motivation because it seemed to be all about selling and buying and watching stock go up and down.

But making your own CC content and somehow being paid for it sounds, well, more interesting.

I will consider making an account too.

@Katharsisdrill @artsyhonker

Also, regarding blockchain and all that, I think it's quite unpredictable what will happen. What everybody seem to agree is that cryptocurrencies are here to stay. The bubble might burst at some point, but they say the markets will stabilize. Or maybe not, maybe the lack of regulation creates this new ecosystem that has completely new rules and might work in unexpected ways.

Anyway, looking forward to try steem.

@Katharsisdrill

Before I make an account, what private data will they want from me? I've seen that link to anon.steem but if you go the ordinary route, do they need your bank account, personal ID? Or you could just go in under an alias?

/cc @artsyhonker

@luka @Katharsisdrill They wanted an e-mail address and a mobile phone number from me, but not my walletname or anything like that.

@artsyhonker @luka - Yes, there is of course a risk, but considering that you do not get anything from being here or Diaspora or Facebook or Twitter it is still a fair risk. Especially when making CC content like me.

Here are some Canadian homesteader that has bought grocery for steem. they just take out the money imminently.

steemit.com/gratitude/@skycae/

@Katharsisdrill @luka If I cannot use it to pay my rent now, and I also cannot use it to pay my rent in five years after the bitcoin bubble bursts (or whatever), in what sense is it money?