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RE: Collusion sucks.
They will just optimise their income any which way they can, and again, why blame them?
Because they hold a position of trust; some witnesses support this collusion.
They will just optimise their income any which way they can, and again, why blame them?
Because they hold a position of trust; some witnesses support this collusion.
Witnesses can be voted out. Unfortunately, this voting is also stake-based. Money makes power, power makes money. This is designed-in because of the economic belief systems of the designers; to them, things are probably working as intended, or they just don't care anymore.
The witness income was intended to be spend for social projects outside of Steem.
Not to be accumulated to have a large stake to trade against other witnesses' witness votes.
Honestly, I don't see those projects from the major stakeholders (apart from the lame guild style selfvotes).
yeah I was wishing that something good came outside of steemit, so far there are some good examples like @verbal-d, who is being honest and hard working, but apart from a few people only @voronoi with his idea is focused on real world development @hitheryon I was a bit away from the steem for a while so I've missed most of the growth ideas, but as with anything I don't see that trending, things are back to the way they were, it only takes a week and everything is reset, bots are on new "lucrative" authors and whales are whales, always lending a helping hand, mostly to themselves, but we all profit don't we :D