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RE: Minnows are in trouble ( Yes that mean's YOU )
This is a terrible idea. It is so hard to grow your account at the start and people can spend months of posting for cents before they gain some real traction. Not all of the spam is down at the bottom as well, there is lots of it in the trending section the only difference is it has been backed with bot to raise it's payout.
I'm sure that there is plenty spam out there but we need to wait for hivemind to come in before making any drastic changes and then see how the communities function with regards to posting. I'm sure that there will be a change in trends once we have this function up and running.
I agree, it's a terrible idea. If steemit goes through with this and makes min. payouts $1.00 we are going to see a drop in active users here. As another poster here pointed out - there will always be those trying to game the system no matter what system is in place.