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RE: Handful of Users Are Gaming the Liquidity Reward System And Earning 1200 STEEM per Hour

in #steem8 years ago

It's possibly one user with 2 accounts... But there's got to be a better solution than continuing to siphon money into the hands of some of the richest users on the site. When I joined, I viewed the economics of Steem as a potentially revolutionary force, a democratizing force. I'm seeing a lot of reasons to question that assumption. There are far too many mechanisms in place for people to exploit imbalances of power and wealth for personal gain without providing any obvious benefit for the majority of users.

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I'm confident that all of these little exploits will be identified and worked out in time. The entire community has a vested interest in doing so. This is an example of the wrinkles being ironed it in action.

I'm honestly surprised that there isn't more exploitation given the relative complexity of this system, but it seems quite airtight in my mind (except for this one, imo)

Look forward to seeing @ned and @dan responses... I'm sure they're already working on it anyway..

Seems to me that you should always be skeptical of a system that explicitly allows people to purchase themselves a voice...

But money is free speech!!!!11one1eleven!

Maybe it was a feature to start with but it should change with the realities. If the system is truly being gamed, it should be identified and corrected swiftly. These things are bound to happen in an evolving system

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