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RE: OPEN LETTER TO STEEMIT INC., THE WITNESSES, AND THE WHALES

in #abuse7 years ago

kind of like a graduated income tax? combined with basic income?

  • the graduated income tax is 1 of the 10 planks of the communist manifesto.
    • I'm not at all against your idea, just asking for clarification..
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It is a tax. And it could be considered communist-like if steemit was a country and we use the tax like most countries do.....wastefully or to line the pockets of the politicians. However, this tax would be used to encourage interaction and engagement with others within the system. You would not receive unless you meet certain criteria. That criteria would need to be determined. I have just listed suggestions.

The percentages may vary, like taking 25% of monetary rewards for the top 10% instead of taking 50%. However, it is a give-back program to incentivize interaction. It is not a charity. It would encourage those with less rewards to keep trying to engage others.

This would also serve as a defacto flagging system, since this would likely catch those persons that have whales upvoting them to the top of the earnings list.

Let me know you thoughts.

Opt in blockchain based taxes are an interesting idea.

I already posted this idea on another comment here,
but what if instead of having a "tax"

  • the payouts were on a curve much like reputation is.
    • the higher you get, the harder it is to go to the next level...
      • then you wouldn't have to have anything else
    • the extra money would stay in the payout pool
  • helping everyone that was earning a payout that day.

Would that be feasible?

I just reread the comment that started this thread.
He called it quadratic rewards.

  • I guess they used to have that, but have switched to a linear payout.
    • It's been awhile since I've had an Algebra class, but this may be exactly what I mentioned above.

Perhaps the easy solution is to revert from linear payout back to as he called it quadratic rewards.

❓ ❓ ❓

It was the opposite.
The bigger the payout, the more each upvote added.

Really!?! Thanks for clarifying that.

  • Doesn't that seem the opposite of what it should be?
    • Especially when you have people scamming the system...

I see you've been around since Aug 2016, so did you live through this change?

  • What was the chatter back then?
    • Do you think going linear helped?
      • Do you think they could do the opposite of what it was and that might help cut down on scammers?

I'd like to see a return to the original model.
Writing a post was like buying a lottery ticket.
You'd probably only make a few cents, but there was a chance you'd make $10,000 dollars.
Big players would try and back quality pieces while they were small; to cash in on big curation rewards.
Nine of my first ten posts made less than 20c; but each new follower and formatting technique improved my chance of hitting the jackpot.
Now it feels like factory work.
You clock in, you do enough and you clock out.

Hey, @mattclarkeb the more I think about it the more I like the idea. It would be nice if we had something in between the two models maybe.

Wow interesting @mattclarke that would be fun!

  • With no self vote, you only made author reward, with no chance of curation reward on your own post, right?

You could self vote, but it wouldn't do much to your payout (author or curator) unless a lot of others upvoted it too.
The real joy was in downvoting.
Even small players could heavily downvote a trending post.
(The bigger the post, the more your influence, up OR down).
Not many of us downvote abuse by 50c because we're better off just upvoting ourselves 50c; but if the choice were between a 5c self upvote and a $5 downvote, there'd be a whole lot less crap at the top of trending.

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