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RE: I Think 50/50 Rewards Will Attract Bigger Investors

in #steem5 years ago

We have already tried this back in the beginning. It basically will pump up a few creators who have a content mill. Basically paraphrasing CoinDesk and CoinTelegraph articles or producing other cookie cutter content.
From an investor's standpoint there are still too many negatives. The power down takes too long, STINC has too much STEEM and the witnesses are collecting too much for what most are doing. Also with curation being 50% it even becomes easier in some ways to earn some STEEM and any system where it is too easy to get something will often times get drained and cheapened.
The content quality will likely go down and the place will even make less sense.

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I had the same concerns regarding a handful of people being put on autovoter to makes things easier for the whales but with the addition of free downvotes, it might change the behaviour.

Steem could be seen as cheap as a result but it already is that way with author rewards.

I dont know how to feel anymore. I sometimes feel like i am sitting on a goldmine that nobody will ever acknowledge therefore rendering it useless.

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Don't forget what happened to the BetaMax and the SEGA Saturn

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Sega saturn and dreamcast 💔💔

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