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RE: Self-voting user list since HF19
Anyone can be a top rewarded author without buying any SP. It's all about loyal followers.
Anyone can be a top rewarded author without buying any SP. It's all about loyal followers.
Read the white paper. People can invest in Steemit with dollars or time. Both add value. You are obsessing on the folks that bring more dollars and invest less time than you. I believe the point daudimitch is trying to make is same idea as the white paper - both time and dollars add value. And when people bring dollars, who is to say how they must use those dollars for upvotes?
If you over-rotate to the point that only time has value on steemit, and dollars are not valued, that could be argued as another path that will devalue the total platform.
I spent a week very upset about the voting behavior of the whale hendrikdegrote. He was upvoting stuff that was shit in my opinion. Vacation rentals from bookingteam.com Get real !!
But then I realized that if he wants to bring $2.5M to the platform, it is his money and how he upvotes is his business. Not my business.
It will take a lot of time and sweat to grow to the point that you or I have $2.5M of SP based on our blogging skills and the upvotes we get. True dat.
But it took hendrikdegrote time off platform to get the $2.5M fiat, and then he chose to bring it here and upvote as he chooses.
Do you want to chase all the whales away? Will that increase platform value?
Or you want to change the rules so that the only path to becoming a whale is lots of posts and being a top rewarded author, which is the path you are on?
Diversity is good. Everyone takes their own path.
Not surprisingly I got a small upvote from a whale worth $1.6M. Who woulda thunk it? LOL
And I don't mind giving myself a very small additional upvote - that comment took some time to craft and adds value to the platform by providing more opinions to the full community - who can choose to agree or disagree with my position, and then vote as they choose based on their own opinion
Over 1/3 going to blatant self promotion is not 'diversity', it's noise. It's a false dichotomy . Who is going to invest in a platform full of self voters creaming the rewards pool. Clearly, only those who want to cream the rewards pool. This problem always existed at the top level but now it goes all the way down.
If people have a million bux to invest, they will do just as well to rent cloud miners, and won't spam it up for those who actually consider the content to be the purpose of this platform. But they wouldn't get the pleasure of sucking out the rewards pool, diluting the holdings of those who do value content, and then slamming the price down with endless SBD sales and power down to steem and sell out.
It looks at first like they bring money, and then they walk away with more, and where does that leave anyone with long term investment plans?
I don't even have that much stake anymore but I'm looking for the exit, and I'm sure most people are now. The horrible thing is that right now, there is no place else that has as many decent people (!) nor, even, earning potential for honest work (!).
I'm not sitting idle to watch this go on while the best thing to replace FB and Twitter gets sucked down the sewer with this exploitative behaviour. We need something better, somewhere that stake > all is not the opinion of those with the stake.
This site has a mgmt team. Presumably they have long-term goals and a plan to achieve the long-term goals.
If they see current issues on self-voting as problematic, they can and should step in and address it.
Else we end up with community standards.
Which may or may not a positive outcome, depending on the community that chooses to join and stay
STEEM On!!
The long term goals have been published but they have made no real progress towards them. We should be some ways towards a Fabric by now, for instance. I have heard nothing, maybe I just haven't been looking. The replacement of thte database backend, by the way, is the meaning of that (splitting it into its components).
I hope all the developers didn't abandon the ship and head off to help Dan work on EOS. Always the next big thing just over the horizon. How about making this big thing the next big thing
exactly