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CULTURE CLASH: The Reason You Don’t Understand Steemit Is Because It’s Like A Gift Economy Not A Commodity Economy

I now understand why people find it so difficult to comprehend: Steemit has characteristics of the gift economy and we’re all living in a European-dominant commodity economy paradigm. Let’s first explore the gift economy.

Native cultures are based on the philosophy that humans are the stewards of the natural world, and not consumers of the world’s resources. Unlike European American values, “wealth” in Native American culture is not measured by net worth, but rather by a combination of spiritual qualities, material goods, and behavior. Leaders are selected for their ability to take care of the tribe by sharing their wisdom and wealth (Millett and Orosz 2002). -Learning To Give

So, let’s take a look at a concrete example of the gift economy in action on Steemit.

conversation between @papa-pepper and @darthnava

After @papa-pepper made his huge donation, the Steemit community once again went wild with upvotes, cheering on @papa-pepper’s generous spirit and the entire community lifted up @papa-pepper, almost to a king status.

“It is important for us to help one another when the opportunities present themselves.” -papa-pepper

The gift economy is further understood when we look at what happened to @papa-pepper after he had made the huge monetary donation.

http://antiwantrepreneur.tumblr.com/

Nothing about @papa-pepper’s act was institutionalized, as it came directly from his heart, not through some organized philanthropy foundation. Empathy was its fuel.

Of course, lots of wealthy people give money to philanthropic foundations and gain status by giving such donations.

It is the super nerds who hold the purse strings in Steemit, not the sleazebag marketers with zero substance.

This is the reason that posts from open source programmers receive such high payouts on Steemit.

Nature and our imaginations are abundant beyond our wildest dreams. It is because of small-minded, greedy men that most of humanity suffers today.

Steemit a sustainable model for super nerds, as well as others who create and share abundance, and I’m not aware of anything else like it on the internet.

@xeroc’s all-time highest paid Steemit post
yes, it’s real money, and Steem value is displayed in US dollars

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