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RE: What's a Minnow to do? The Game Theory of Steem, Part 4
My First mention in a Steemit article! Great article by the way, I will have to mull over the discussion question as not too sure at the moment but my initial thoughts are to do with the other players beliefs. There could be a change in the belief system in Steemit, so right now we are all thinking yes let's vote for the most popular posts. But this belief is not observable to everyone and that could show change over time as people learn about the platform (learning by doing)?
Yeah, I think that's a place where we need to be careful. If the level-1 player can put her favorite into a tie and she believes that other voters like her favorite, then she can probabilistically sway opinion towards her favorite if it's only down by 1 vote. Of course, if she's wrong, she will have wasted her vote and played suboptimally.
Your post made me think a lot about Steemit and where it is going. https://steemit.com/steemit/@jholmes91/why-i-believe-in-steemit-s-success