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RE: ENGAGEMENT GUILD PROPOSAL: User Retention Solution + Watch Video Explanation
Why?
Do you see any other ways to present it? More profitable ways, I mean?
Why?
Do you see any other ways to present it? More profitable ways, I mean?
Yes, I have proposed many alternative structural amendments. It is clear that everyone knows that the leveraged advantages are counter-productive. It has been acknowledged at the highest echelons.
Advantage is justifiable - the extent of the advantage is not; nor is the blatant intravoting which ensures that the distribution or decentralisation is meaningless to all intents and purposes. I thoroughly understand the necessity for power weighting. I do also see that one of the reasons for the price of steem and its history is due to the failure of decentralisation.
Again, admitted by the top echelons.
I have proposed these things and there is no power in me to force people to listen. All I would say is that the powers who are usurping the system might be happier with half the power and four times the steem value ... and rising!
I cannot promise that but I do know how to get there.
Well I do not know what you believe, but no "amendments" will do any good IMHO. Steem is simply started/staying on a wrong fundamentals.
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Actually I believe the powers that will eventually bring the "new and improved social media" will have negligible stake in it (per Steem standards)...maybe 0.5%-2%, maybe less. And they will be getting happy/exited not by the price of their token, but by the numbers of people who come and use/enjoy the platform they have build. Do not get me wrong, they will get very very reach by their holdings, but they will simply not rush to sell in the first 6 mo at any price they could get, much unlike the current "founders".
And there we agree! Too many millennials getting overly excited at the technology without understanding how a business derives 'value'. 400 names currently hold 90% of the steem - hardly a 'value proposition' or valuable situation.