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RE: STEEM's Biggest Villian

in #contest7 years ago

So when someone like Marky says a massive downvote on a whale is like a mini upvote for everyone else (what I think he doesn’t consider is when he drives this money away from the platform, or when people sell their steem) the market will respond in kind by giving the value of steem a mini downvote. The #newsteem culture has been live for about 3-4 weeks. So far, the price went down two cents. I’m not saying this is only because of you per se. But are you also taking responsibility for the harm you may cause to Steem’s value in your “virtuous” flagging adventures?

What if the main condenser or exchange conducted anonymous exit interviews asking people why they powered down and sold, maybe we could nail down the retention problems to a handful of reasons? If you learned that your actions are causing people to sell, would you be willing to change your behavior to accommodate disenfranchised stakeholders? When all is said and done; Which is more important? Who rewards go to, or that people are willing to HODL? Is there anything meritorious about being a stakeholder [/FULLSTOP]? Or, does steem only have room for the stakeholders who upvote according to your standards? These are some honest questions rolling around in my head.

You can call me crazy, but I don’t think there are that many people with large quantities of cash willing to invest in exchange for the honor to be a full-time blockchain curator or reward poolice officer. God bless the people who are HODLing and positively curating; these folks are angels. They don’t have to do it, but they choose to of their own free will and accord, that’s what makes what they do special. You seem to want this special attitude to be the prerequisite, and I think this mentality belittles the efforts of those who are already doing the thing.

Besides that, it’s a big ask when the platform needs new investors. It wouldn’t be a bad idea at all to hammer down how you plan on pitching the new money before you drive away all the old money. It was after rumors of mobs and pitchforks that caused STINC to sell to the market, and now you’re just going to double down. Keep in mind that whales like yourself will end up holding the bag, so I hope you know what you are doing.

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