Cheers cryptogee. That comment is over a year of frustrations and dissatisfaction coming out in one go.
I look at the narrative that some are trying to push about 'where does the token value come from?' I look at my feed now and it's 90% incentivised (insert boring/uninspired) content or generic steem-centric posts.
I'd say 'take a look at where the value is really going'... and further to that, how to define value? If it's the value of the steem token, well ok the sell pressure from content creators is a legitimate depreciating factor. But I'd argue that mechanisms like bidbots take a huge amount of value out, while giving nothing back. Big drain of value to one person (owner) cashing out a sht tone (especially during the bull run), while the bidbot users are generally boosting crappy content. This is just a hypothetical, but I think that without such an unattractive looking system in play, decent content creators would be much more likely to stake a larger portion of their earnings as they'd have more confidence in the integrity of the platform. I've been saying all this for a while now here and there in discord shows, comments etc, and it's been falling on deaf ears. I'm not 100% why tbh.
It really doesn't. I have so much to add to this conversation—but I'd just be repeating myself, again.
I can pull up articles I wrote, from years ago, that predicted the outcome we see today, because it was so fucking obvious, to everyone, except for the people who bought the sales pitch, got burned, and now they're seemingly too goddamn proud to admit they made a mistake.
Pointing out these flaws early on was intended to be helpful. Just like many others here, I didn't want to see the place fall apart.That was my agenda. And I'm not going to apologize for anything I said in the past about the issues I saw then and the issues I saw coming. I'm also so tired and done talking about it because it has been such a waste of my life.
Thanks for the moral support. I've seen you voicing similar concerns on steemit.blog posts many times @ats-david
Check out the recent response from andrachy in this thread and maybe consider weighing in if you have any thoughts. I really do think it's this complicity to work with, and allow, vote sellers into the highest positions of governance on steem which has kept things in a downward spiral.
Look...STINC and our top witnesses made a huge mistake with HFs 18 and 19. Nobody will admit that delegation is a massive misstep and it took two years to get a (very underwhelming) fix for linearity.
Combined with the "ninja-mine," early lack of distribution, terrible onboarding practices, a small user base, an awful collection of interfaces, a horrid culture, and pretty much zero marketing, not much is going to go right.
Now they're talking about a form of "light" censorship to add into the mix, along with a delegation program with extreme conflicts of interest.
I have said for a few years now that there is some serious incompetence within the halls of STINC. But I may have to agree with others who have been saying that this has to be intentional. That there's no way they can be this clueless and continue down a destructive path without doing it purposely, especially given the fact that plenty of people have been offering up many great ideas - and code - for three years...and they make very little progress, even on the things they actually own.
Since they have not only not lived up to their promises and are actually squandering STEEM that they said would be used for a specific purpose - hence the reason for the massive ninja-mine - I would support a Steem fork that moved forward without their company accounts. But that's unpopular because everyone shouts "slippery-slope!" and other nonsense.
They can keep their stake and the current chain. I would just support a fork without the toxic culture they've created and without their continued path of destruction.
Fork dis' bitch... thats the whole point of this open source environment and should seriously be considered. What do you propose should be some key changes in the fork (remove delegations, 50/50 rewards, etc.)?
Cheers cryptogee. That comment is over a year of frustrations and dissatisfaction coming out in one go.
I look at the narrative that some are trying to push about 'where does the token value come from?' I look at my feed now and it's 90% incentivised (insert boring/uninspired) content or generic steem-centric posts.
I'd say 'take a look at where the value is really going'... and further to that, how to define value? If it's the value of the steem token, well ok the sell pressure from content creators is a legitimate depreciating factor. But I'd argue that mechanisms like bidbots take a huge amount of value out, while giving nothing back. Big drain of value to one person (owner) cashing out a sht tone (especially during the bull run), while the bidbot users are generally boosting crappy content. This is just a hypothetical, but I think that without such an unattractive looking system in play, decent content creators would be much more likely to stake a larger portion of their earnings as they'd have more confidence in the integrity of the platform. I've been saying all this for a while now here and there in discord shows, comments etc, and it's been falling on deaf ears. I'm not 100% why tbh.
Welcome to ATS-David’s world. Going on three years for me.
It doesn’t get any better, by the way.
It really doesn't. I have so much to add to this conversation—but I'd just be repeating myself, again.
I can pull up articles I wrote, from years ago, that predicted the outcome we see today, because it was so fucking obvious, to everyone, except for the people who bought the sales pitch, got burned, and now they're seemingly too goddamn proud to admit they made a mistake.
Pointing out these flaws early on was intended to be helpful. Just like many others here, I didn't want to see the place fall apart. That was my agenda. And I'm not going to apologize for anything I said in the past about the issues I saw then and the issues I saw coming. I'm also so tired and done talking about it because it has been such a waste of my life.
Thanks for the moral support. I've seen you voicing similar concerns on steemit.blog posts many times @ats-david
Check out the recent response from andrachy in this thread and maybe consider weighing in if you have any thoughts. I really do think it's this complicity to work with, and allow, vote sellers into the highest positions of governance on steem which has kept things in a downward spiral.
Posted using Partiko Android
Bid bots are just a symptom of a broken system.
Look...STINC and our top witnesses made a huge mistake with HFs 18 and 19. Nobody will admit that delegation is a massive misstep and it took two years to get a (very underwhelming) fix for linearity.
Combined with the "ninja-mine," early lack of distribution, terrible onboarding practices, a small user base, an awful collection of interfaces, a horrid culture, and pretty much zero marketing, not much is going to go right.
Now they're talking about a form of "light" censorship to add into the mix, along with a delegation program with extreme conflicts of interest.
I have said for a few years now that there is some serious incompetence within the halls of STINC. But I may have to agree with others who have been saying that this has to be intentional. That there's no way they can be this clueless and continue down a destructive path without doing it purposely, especially given the fact that plenty of people have been offering up many great ideas - and code - for three years...and they make very little progress, even on the things they actually own.
Since they have not only not lived up to their promises and are actually squandering STEEM that they said would be used for a specific purpose - hence the reason for the massive ninja-mine - I would support a Steem fork that moved forward without their company accounts. But that's unpopular because everyone shouts "slippery-slope!" and other nonsense.
They can keep their stake and the current chain. I would just support a fork without the toxic culture they've created and without their continued path of destruction.
Fork dis' bitch... thats the whole point of this open source environment and should seriously be considered. What do you propose should be some key changes in the fork (remove delegations, 50/50 rewards, etc.)?
You're upping the drama to new levels! Have a DRAMA.
To view or trade
DRAMAgo to steem-engine.com.Yeh...says the guy who voted up pictures of him going to the zoo and caused problems with the real innovators because it paid.
Aww...poor Justin. You’re such a victim, bro!
I guess all that grassroots community building and blockchain forensics didn’t amount to much, did it?
Was that all of the “mountains of dirt” on me that you promised? Lulz.
Go eat some more dick. Nobody fucking cares about you or your Shitshares. Turns out, you’re a bigger joke than everyone thought even before Steem.
Toodles!
This made me giggle. David you are so naughty.
I must be honest and say all this is small fries and keeps us from looking at the real problem accounts on steem.
I have an idea fuzzy ...how about you write a post about the good stuff David does.
Oh btw...while u bitch about David ...perhaps u should ALL be looking into the Real shit on steemit.
Naw. Screw it. Attack David. Its mentally far easier than actually fucking helping.
Yeah, seriously.
Help! I'm being attacked!
You should create your own
illegalshittoken toenrich yourselfpass out to the community bro, so you'll feel better.Exactly, I've seen this advice given time and time again to no avail.