RE: The Potential For The Steem Upvote
It sounds like you kinda want crypto credit. Vendor-willing, you could already buy Nikes or coffee with Steem or SBD, but you want to buy them with upvotes which is like a promise... a promise that the vendor would get a percentage of the total reward pool based on your vote value. It's an interesting concept... The vendor would just have to hope that
- a.) You don't change your mind and adjust the upvote before the payout period
- b.) They don't mind waiting for the payout or
- c.) That someone or a group don't take a huge percentage of the reward pool before the payout.
Surely no one would upvote content if they could buy themselves coffees instead. Totally hear what you're saying about Ninja and Twitch... and yes people sub and donate because they enjoy his content, but there is also an element of showing off as well.. people get attention for their donations... I guess like Twitch, we'd have to hope that people don't take-back their donations silently later.
As it stands now, there would be no way to have vendors accept upvotes. The only possible way to make Steem/SBD credit instantly would be via third parties will to pay now to take a small cut in 7 days. (credit acidyo with this idea)
As for the upvotes, vs. donate, an upvote is a donation in my eyes. People delegate to bid bots/ upvote themselves if someone wants to abuse the system they can now, and it happens all the time. So when someone upvotes you, that is a donation because they could have sold the vote or upvoted themselves and kept the money. Giving people to ability to do more with their upvote would encourage them to spend it on merchandise rather than self-upvote.
Yeah, sorry, I meant that a donation in Twitch usually gets you a lot of attention... Ninja says thank you and thousands of people see how generous you are.
Totally agree that an upvote is a donation, actually, maybe it's more like a pledge. Would love to see more options for upvotes... I'm sure it'll come as more people develop and have convos like this...