You are viewing a single comment's thread from:
RE: Revisiting Curation Reward: Hot Coffee, Cold Coffee, and Lukewarm Coffee
I think you just solved Steemit's problems. They can eliminate incentives to do anything at all. They can create the coins through inflation, nobody can do any work, and magically, investors will show up and buy all the coins, making everybody rich!
Step 1 - Create digital tokens and inflate them
Step 2 -
Step 3 - Profit!
Post HF17 steemit. Join the movement indeed.
It's revolutionary!
It's got electrolytes?
Very sad when you put it that way. Not much left to justify hanging around here if curation rewards walk the plank.
That's absolutely true, if you're a non-blogger. Basically, those who argue against curation rewards are saying that people who want to invest their money and simply upvote content provide no real value to the platform. They obviously miss the point that the people buying STEEM, powering up, and voting on posts are actually the ones providing the "money" that others are able to quickly cash out and realize as profits.
It says a lot about a user or a platform that is willing to shaft the actual investors and reward those who have no incentive or need to invest. These suggestions/proposals are reckless, in my opinion. The platform is based on incentives for both creating and evaluating content. To advocate the elimination of rewards for either one - but especially on the investment side - demonstrates a fundamental lack of understanding economics, the purpose of the platform's incentives, and how the platform actually functions...not to mention that they miss the actual causes of the problems that they presumably want to address.
And to make matters worse - these suggestions are being pushed by witnesses. This will certainly influence my witness voting, as will other issues, such as the willingness to accept hard fork proposals that I believe will be harmful for the platform.
Well said.
I couldn't agree more.
@ats-david for Governor of Steemit
@craig-grant
I'm not a tyrant, Craig!