The Creation of the SPUD ..... Smoke Pegged US dollar.

2 months ago

I have created the SPuD .....

It will always be pegged to the USD since it is the USD that can be sent to My Smoke PayPal Account to buy stuff. Hats, Tshirts, seeds etc ....

There are 2 ways to send me SPUDs to buy stuff.

  1. USD via PayPal
  2. SBD Steem Backed Dollars to a new Steemit Smoke Pegged UD account

Let me know who is interested in sending me some SPUDs to buy some Smoke stuff.

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LOL! Voted for satire's sake. :-)

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Rarely do we agree 😘

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We could certainly use more Satire and Good times here on Smoke.io ....

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Agreed, I like a light hearted humour ❤️

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It should all be Love and Harmony and Peace and Good times here on Smoke..... Let the Good times Role. This is the place to be.

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Did you hear we may have some old members making a presence once more 🥰

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Yes ... I have been speaking with many of them on Discord also ... encouraging them all to come back as well as posting with #canna-curate to get HUGE Steem rewards on all my Canna posts on STeemit. We need to be nice to each other. Let bygones be bygones.... A few old Smoke / Canna people are pretty big whales on Steem now....

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I'm all for moving forward and being positive. I've tried it, honestly, multiple times now. Only issue is, I continued to see my name mentioned in ill manners on posts from others, so I stopped trying. I'm all for it again tho. New money or retention of userbase is something I'm all for.

How about we stop kissing ass for votes as well tho, hm?? Don't act like shit is good that isn't. There's pretty socially accepted standards of what is at least decent and what is not... and you kiss indica's ass a lot on his shitty website. I'm also not one for ass kissing, so if we can stop that bullshit too, it'd be nice. It'd honestly be nice if people actually used flags to lessen rewards on way overvalued posts as well... but hey, ideal world... I digress.

I am willing to play nice if others are. That means you'll need to be honest with people more tho and you'll need to also stop people from putting my dick in their mouths in their posts. Honestly tired of people acting like I should behave anything other than in a hostilely defensive manner. I'm the one on the defensive 90% of the time. Rarely do I go on the offensive and when I do, it's with legitimate reason, such as people supporting bullshit just because of fear of losing support, or people voting on clearly shitposted alt account bullshit to cash out. It's sad that so many support so many people that are cashing out. Most are indica alts, but still, we could combat the drain from alt accounting with flags. People just give flags a negative connotation when part of what they are for is disagreement of rewards. I don't disagree that some posts deserve a lot of rewards, I just disagree with them getting quite as much as they do. The flag isn't saying it's a bad post, it's saying that some of that reward pool deserves to be distributed elsewhere imo. The sooner people stop taking things personally and getting absolutely butthurt about my REactions to their shitty behavior, the sooner they'll learn we can all get along. We don't have to agree, but we don't need to act like children either, something we have ALL done at one point or another. Albeit me having to have had quite a lot to drink to stoop... I still have. :-)

I'm all for valuing this place passively, as well as actively. I've tried to actually bring new people who have money to this place, but signups have been long shut down now. I have all the accounts I could ever need, I simply make more to secure names for later donation to deserving parties. There's only about 20 more I had in mind anyhow. The point is, the vast majority of my accounts are unactivated or activated and sitting in silence. Having more accounts wouldn't allow me to do much more than I already can. Stake is what matters at this point. I have plenty of shell accounts posting on my main cluster that earn plenty of % of the total rewards given out daily. I don't need more. I don't want more either, if there's going to be no value added here, if the devs are going to do nothing at all, if people are just going to continue to shove my fat dick in their mouth whenever they don't agree with a flag or an opinion, no matter how rude it may be. I choose to react the same as others do. Why should I act any different? Stake and it's value would be why. With a dead crypto tho, why bother? It's centralized beyond all get out lol. The devs held a vast majority of the coin back in their accounts and use one to actively vote some alts to cash out with. It's pathetic, honestly. That being said... I'm still willing to try. Why not? I'm bored, I love cannabis, I love blockchain tech. It's a fun hobby. Just like fucking with low IQ people is a fun hobby for me. I can see where it's detrimental and I've always said that I was aware, people just keep posting about me and mentioning my name in ill manners and I'm going to have fun with them when they do. :-) If that can stop, it can all get better.

If we can get signups working again..... @stoner, I can actually bring new money, new people, and new value to the chain and to the community. People who are not jaded to you people like I am. People who won't act like assholes. People who can bring other people if they actually enjoy this experience.

Signups are the catalyst to all of this. No two ways about it. If they can be re-enabled right now, then we can bring more value right now.

I had no issue holding smoke around 0.1BTS/SMOKE when signups were working. At least that meant new money could potentially come in.

This is the worst time to not allow new people in somewhere, considering how many people are forced to stay inside and as a result, going online more than ever. It's an absolute failure on the dev team's part, as a whole, for letting this happen in a time like this.

Who gives a fuck if I made 20 more alt accounts among the hundreds I already have? Would you rather have that and $1,000/week coming into the markets and activity rising through legitimate users as well... or would you rather have $0/week coming into the markets and me activating my hundreds of alt accounts one at a time? I could literally do one a day and be at this shit for years.... I have no shortage of alt accounts and no real need for more. We DO have a real need for more outside money and legitimate users coming in. Sad to see things that could be so easily fixed by re-activating the already working method... not being done. THAT is why this place is dying.

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Pretty soon there will be no place left to send your Steem so maybe we can all Trade it back and Forth with Smoke ?

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I believe there will be places that open back up once the FUD dies down... 🤦‍♂️ seriously HIVE is in just as much trouble if the legal stuff isn’t worked out...

I am more thinking of legit pay with PayPal and get stuff ... I can work with the onelove boys to implement a forked version our shawp payment system I think down the road for Hive/hbd/steem/sbd but will need to develop a wordpress plug-in for WooCommerce also ...

For now I can get it up with normal payments with image permissions on my site once I build that section ... very complicated so far 😅

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I just set up a New "Smoke" Email to receive US dollars on my PayPal Account. But it may be easier for people to just buy stuff from a Zazzle store and you collect 15-30 %

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Yea Zazzle is a good backup option but for one person to manage things is insane ... hopeing to run it through the webpage with automation ... once setup I promote and sitback creating new designs 😎

Contest idea ... submit a design and win a free shirt? lol the ideas are endless

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I just Set up a New Steemit Account to trade Steem for Smoke too.... Maybe just very small amounts to help the Minnows ....

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If you have a Steem Account and a Smoke Account we can use this as a New Free Exchange for Smoke and Steem pair.

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Yea i have no interest in accepting STEEM for smoke tbh but I would gladly accept smoke for STEEM ... I have 900~ as of tomorrow 😅

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Yeah .... not sure what I am going to do will all my Steem. Oh well ....

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LOL there are still ways to make use of it.

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I just had 500 Steem come due but no where to send it ... Binance disabled Steem deposits so I just Powered it back up....

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Rudex has a decent buy wall and is still accepting STEEM 😉

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42 % of my posts are Satire. But I'm going to set something up so that we can Trade SBD (Steem backed Dollars) as a kind of SPUD..... Smoke Pegged US Dollar .... stay tuned.

I have been wondering about getting me some Swag to be honest... building my page to sell just need to be certain no complications using images available and what not otherwise I design my own 😅

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My new contest has some swag

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I already have 2 Smoke hats - I created on Zazzle ... They are awesome. I wear them to all the Bonfires and everyone asks what is this Smoke thing /.... Their eyes glaze over as soon as I start to talk about Crypto currency though .... Maybe it's just the Weed ....

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Create your own stuff here You can set up a Store and sell lots of T shirts and hats ......... https://Zazzle.ca - I make about $100/month with mine.

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Yea I did that for the #onelovedtube swag... now trying to look more into building a proper store front 😎

Please enlighten me more on this

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I am Setting up a new account on Steemit.com where I will accept SBD that I will call a Spud .... Smoke Pegged to US dollar .... pegged to 1 USD That can be used to buy Smoke.io stuff.... also an option to send US$ to a new Smoke PayPal Account ....n

Would not mind some cheap crypto kicks or sandals, actually surprised not seeing them at at all.

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Lets make some .... plaster that Smoke Logo everywhere ....

SBD are not pegged to the Dollar, but to the Steem price. It is the same fraud as bitUSD.

Because of this problem, we created HONEST.USD.
https://wallet.bitshares.org/#/asset/HONEST.USD

And by the way, we have also BTC:
https://wallet.bitshares.org/#/asset/HONEST.BTC

More information:
https://bitsharestalk.org/index.php?topic=32035

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Yeah we need a Smoke Peg to US Dollar. A SPuD.

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There is a reason SMOKE removed the flawed Dollars from the core.
There is no need to reinvent the wheel, because you can trade H.USD against any pair on the DEX.

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Excellent. But I really like trading the Steem against the SBD on the internal market..... I make an easy 5-10% a day some days. And No fees. It’s how I earned most of my Steem power.

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Nothing against trading, just wanted to make clear the Steem Dollar is the same joke as bitUSD.

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Yeah... there are lots of joke tokens out there. Take Dogecoin, you can make millions every time Elon Musk tweets about being the former CEO.

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It can be done on Bitshares, but the liquidity is too low to fairly provide a stable peg imo

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Peg is not dependent on liquidity, because you can settle any HONEST.Asset in 60min to BTS.

When there is demand for HONEST.Assets, liquidity can increase.