RE: Hardfork 21 - Steem Proposal System (SPS) + Economic Improvement Proposal (EIP)
I suspect most users will translate the changes into:
More power for whales
More money for whales
Less money for authors
More downvote abuse
I suspect most users are right.
I don't see the whales spending their time searching for the quality content to upvote. At best, the bid bots will be replaced by the curation bots. My prediction is that we'll see the whales running/delegating to the curation bots and those bots upvoting the golden boys 24/7.
Write good content, get rewarded is a lie. It's been since I've joined the platform and it will be in the future. Steemit is a collection of the upvote circles of various sizes and strength + bid bots.
The dApps and their creative use of the reward pool are the way forward. The quality content is neither being produced nor rewarded here. Nobody outside this bubble cares about it. Hell, even those here don't care about it.
What they care about is getting the big upvotes themselves. Just ask them what the quality content is... it's always their content first, their friends second, and at the distant 3rd place is an objectively good content produced by a talented author that's not in.
What I'm trying to say is that all those things that you hate, I like. My opinion is not a popular one but it is honest at least.
From what I've observed as an outsider, the loudest noise about the quality content is being made by those that lost the big upvotes when the bidbots showed up. The whales delegated their sp and the golden boys' posts payouts went down.
I can already see a bunch of self-righteous pricks running around downvoting those smaller than them. Fun times ahead.
In conclusion, the whales will get more than now, the golden boys will be downvoting the small guys that dared to use the bidbots...
PS - The proponents of this change should keep some numbers. Let's see how many whales are doing manual curation today, how many will be doing it 3 months after the hf.... I think we both know that whales won't be spending their time searching for the quality content to upvote. Curation bots here we come!
I would like to think I am creating good content. My earnings are minimal, though. Between bid bots, whale cliques, and the sheer mass of spam, it's hard to get noticed. We need someone to address these problems, and I haven't seen a good argument for why tweaking the numbers will improve things yet.
Honestly, we are pretty close to "bottom" right now already in terms of whales just taking as much as they possibly can. It can't get much worse than it already is. The system needs to change if we have any hope of making it better. Unless you are in the camp of thinking that the system is so messed up that it is beyond fixing, then why even try - then I'd hope you can at least see the potential to at have a chance of making things better.
The famous last words :)
True statement. I just don't think that the proposed changes will get you the result that you want. Call me cynical, but all that I can see as the result of this change is more drama. The whales will find a workaround and still get what they want out of it (even more than what they are taking out now).
Steem is what it is. All the HFs before this one made it that way. I'm more for accepting this reality and see what we can do with it than going after the whales & bid bots... See what works now and what keeps people around here. Do more of that.
Creating the right incentives that will bring about the original steemit vision is next to impossible. Mostly because the original vision (great authors get rewarded) is ignoring the reality of the human nature.
If I were a betting man, I'd put my money on the whales doing just fine, and the small guys getting less and less while at the same time being abused by the self-righteous downvoters.
In any case, good luck!
... according to your name you are a betting man ... :)
Even if whales are getting a bigger piece of the cake it doesn't help in case the whole cake (the STEEM price) is getting smaller and smaller. So they shouldn't only think about how to get more from bidbots, from curation rewards, from circle-voting or whatever, but how to increase the value of STEEM and thus their own investment.
The proponents of this change are right - something has to be done. I just don't see this one working as planned. In any case, we'll see soon enough what will happen.
Right, the question is just: what?
If you like to know how I see things you may read My STEEM Vision..
Maybe so. We might end up there anyway, even if we didn’t make any changes. My goal is to try and make the best decision to do whatever I think has the best chance for success.