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RE: Opposing Perceptions, mismatched definitions, parity mismatch, voting, down voting, and "fairness"
I agree, people should have to have the option to reward and punish, but without using force. The steemit system utilizes this concept perfectly, in the voluntarist way.
It's their opinion, if they like something, they promote it, if they don't then they downvote it. It's the only way to keep steemit full of high quality content and remove spam.
I don't usually think in terms of absolutes, so while it is a way. I know it is not the ONLY way. You could remove SPAM by allowing a downvote/flag/report post that popped a selection menu with a very limited amount of options for which it could be used.
It is a more distributed opinion based system. It's much better if the community removes spam, than if 1 moderator. It tunes more into the demand of the readers, and it removes the possibility of a corrupted moderator (one that downvotes competitors).