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RE: Thoughts for Curation Guilds
If you reduce lock time period significantly ( say a months or two instead of 2 year)and reduce steem inflation down to 10% then the distribution of power will be much much faster, whales will be able to sell their whole stake in a couple month and there would be buyers on the other side to buy it because the inflation would be reduced.
If this is done curation guild will quickly become obsolete.
I agree it could have an impact on curation guilds if the did this. People who invest and are holding SP though are still going to want to earn curation rewards while they are holding it though. If they don't want to manually curate or use the other options above (voting bots, etc.) then there will still be a place for curation guilds.
One of the ideas that has been tossed around is having some sort of investor-VESTS that would not have content voting rights (nor earn curation rewards) but would instead benefit from some higher interest rate (equivalent to lower inflation). This would mean that only actual social media users and not investment-motivated holders would be curating and earning curation rewards.
I think this is probably a better solution than curation guilds because even choosing and monitoring a guild that is doing a good job on curation is something that many investors are probably not interested in doing and won't do very well. There are some very tricky issues with making this work though.
Good point. I would support the idea of investor-vests. I think it would potentially solve a large part of the problem. I still really like the idea of guilds though, largely because of the social aspect. I think the idea of people banding together under a shared set of principles to help each other curate could add a lot of value (if it were implemented the right way). IMO, a combination of both curation guilds and investor-vests would be the most ideal.
I support the social aspect of guilds as well, and I agree with the points you made in your post about guilds forming communities, having rankings, ways to communicate, etc. I don't think guilds are a great solution to the problem of investors not wanting to actively curate though, nor do I think it is generally a good idea for stake to be "rented out" (even more than is already happening). Stakeholders banding together to cooperate, exercise quality control over each other, and function as a community I do support.
Actually that's a good point. I didn't thought about that. Curation guilds would still be useful. People that have time to curate could outsource power from other and make money from it. So yeah it would still be a good use case regardless.