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RE: This might be a shocker for some, but the real gift is Steem. Long term, Steemit.com is a business...
Yes, but what if, for example, the rulers of Steemit make changes to the Steem blockchain which only Steemit profits from, but no other interface?
All witnesses would need to be on board with the change. A fork cannot be imposed that easily.
I know what you're saying though. The majority of Steem holders is in Steemit Inc.'s yard but looking at the vested amounts and the 104 weeks limitations, not sure if big pressure can be put on the witnesses.
I kind of like the transparency and sustainability of the way the ecosystem is built on. That is why I definitely think it will be successful long term.
can the SP rules be changed, ever?
They can. Through a fork I believe.
One other thing that might change the game a bit is if the payout rules change to let the user ask for full SBD instead of 50/50. That will increase the liquidity and market movements for sure.
nice. i never thought about ideas like these, maybe because i think they'd be SO monumental that the whole whitepaper would have to be changed. what's cool about this idea is that it coudl be used in "featured-like" type of post and send all SBD to the authors
But i can't see it becoming a standard, i'm afraid it would actually increase the sbd enormously because most ppl would chose to get sbd and quick cash out.
As @hisnameisollie says, easy to fall into the trap of "get rich quick" , right?
@razvanelulmarin: I hope you see this answer as the comment nesting limitation doesn't allow me to reply to your comment directly.
Yup. There's a great risk to allow post payouts directly to SBD as the users can cash-out directly and not go through and extra step towards powering up when that extra step could be their real wallet.
up on the @hisnameisollie part :)