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RE: Bitcoin dominance is a metric of crypto failure, not success

in #bitcoin6 years ago (edited)

All agreed. If there isn't consensus on these things (@burnpost, @comedyopenmic, whatever really) and people are downvoting them (more than to an acceptable degree), then we'll have to move on to doing something else, ideally with a higher degree of consensus. That's the nature of the system.

I'm on record many times that we need more downvoting. That applies even if my own personal favorites end up being downvoted, of course.

Without any (or enough) downvoting, we end up with an anything goes system where every rip off of the system is successful, and likely a race to the bottom. There has to be a functioning mechanism where people say, "No" when the limits of community standards are breached.

That said, some downvoting is just disagreement and is healthy! If burnpost gets a small amount of downvoting (which it has) and still ends up with a non-zero reward, it doesn't change much, but it shows the boundary-keeping system is working, sort of like a "power on" indicator.

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yes it's true, i do understand the intrinsically all downvotes benefit the general, and i'm not against it, but like any tool, it's how it's use

a knife and gun protects as well as murders? not really, only the users

as for @burnpost, it was my understanding the keeping the stash in burnpost and utilizing it to shift demand and supply "when needed" is important, hence the downvote does have negative implication...they are weakening (minimal i hope) a possible experimental control system

likewise i have seen comedyopenmic being downvoted and ridiculed for baseless reasons, and then we saw folks stepping up to defend (when i even had to tell folks to calm down and welcome criticism so we can all improve....it is a new volunteer curation base community after all) and provide even greater loyalty and support.....unexpected outcomes, but nonetheless Steem is the experimentation we all hope will succeed

personally, i think disagreement is healthy and necessary, alot of my IRL deep friendship came from good debates and disagreement (some has prepared me and my partners to also endure harsh times and cope with difficult decision with greater wisdom), even anger can be good......not unstable immature temper...but founded anger and logical disagreement, both in fact are very good and very healthy

as for @burnpost, it was my understanding the keeping the stash in burnpost and utilizing it to shift demand and supply "when needed" is important, hence the downvote does have negative implication...they are weakening (minimal i hope) a possible experimental control system

Sure, but that is just our opinion. If others disagree, who is to say that we are right and they are wrong?

The system has to reach an outcome after considering input from different people, not just my opinion or yours.

agree, like you say as long as the post is payout positive, so there is something to burn to even conduct the experiment

on the other hand....i also can see the flip, if the burnpost project was too successful because it's proven it could work, so say in the future a BP could be like a massive $9K-$10K due to large support like >10% of all active Steem Power holders upvotes it

then it could be mildly detrimental in another way, BP could be draining the immediate reward pool when Steem price is low and the reward pool is stretched too thin amongst the growing user base. Perhaps that BP should be posted only above a certain threshold....say went 1 STU is > some mimimal $ value post BP, or else don't don't post BP (or donate BP back to all supporting BP upvoters post via a distribution bot)

hmm....maybe my math or understanding is off here, please forgive the logic errors in the idea, I'm just thinking out loud

Sure there could be tweaks to burnpost if needed (and perhaps prompted or motivated by downvotes and trying to make it more appealing, something which applies to everyone really). As far as the downside of draining the immediate reward pool, that is true, and it applies to everything. More rewards going to one post/comment is less to every other one. Every vote is an opinion on the best way to allocate. No one every really knows for sure what is best.

subjective allocation huh?.....sound like how universal humor is and yet how widely different and subjective it is to different people...the paradox of humor, that's why we have automated randomly allocated judging pool (if you click on the winners you can see the automation in progress...happens 10mins after each post) from a wide rotation pool of guest judges for every ComedyOpenMic entry (also helps make it super hard for any collusion and reduce biases and favouritism)

i look forward to BurnPost 2.0 then, i'm sure you can find some creative way to extend and improve upon the experiment

Here's the last COM Post, feel free to take a look if you have never seen what the community does for Steem:

https://steemit.com/comedyopenmic/@comedyopenmic/comedy-open-mic-round-27-winners-post

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