Which retard at stinc originally thought to exclude the 50/50 SP/SBD split from the options curators can choose from as rewards? They really shouldn't sit in on any future discussions of economics pertaining to the blockchain.

Personally I think that it only makes sense that curating should give >50% of the rewards. Think of almost every great artist in history. Were the patrons of arts themselves the best artists and content producers? Fuck no. But wealthy people with discriminating tastes were somewhat successful in funding artists who were good at their jobs.

There is obviously no necessity that just being wealthy means someone has good tastes, or that having a lot of steem power from some shitty pre-mine makes you omniscient when it comes to choosing good art. But if we use common sense there's a clear pattern that arises when you look at people who are interested in art and creative pursuits versus those who are interested in wealth accumulation, and the pattern is that there is not much overlap between the two groups.

Wealth-maximizing individuals aren't going to judge their own content harshly, it's a very sordid affair to publish crap to self-vote or circle-vote on steemit. If we want the network to grow we really do need to minimize the incentive for such individuals to produce any content at all of their own.

It's quite likely that this was all designed as a nice get-rich-quick scheme for the founders, and we're all being strung along as a sick joke, but it would be nice if they at least pretended to know how and why other social media platforms are successful if they're going to be in charge of the one we're forced to use.