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RE: Amazing profit potential! Here's how to earn a whopping $8,500 per year by locking up $250,000!

in #steem6 years ago

50% going to curators would be more beneficial for people that have a lot of SP because they could actually earn a sizable amount of money from curating. Unfortunately I don't think spammers and shit posters would benefit much from this because they generally don't have much SP anyway. Either they can curate content and get 50% of their $0.001 vote back or they can shitpost and earn more than that as long as they don't get flagged.

But I agree. I spent thousands of dollars on SP and it is pretty lame to make such little money from your own votes. Spending over $200k to make $2000 per year just isn't right. That money could have been used to start a sizable business and earn wayyyy more.

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People with more money always earn more money. They can earn more by selling their votes. They can earn more by posting for the sake of posting and 'promoting' their own content by voting for it, and they can even earn more by doing nothing at all and collecting vesting rewards. Finally they can earn more by exiting (selling) Steem altogether and putting their money to work somewhere else.

People with more money making more isn't a reason to do something or not to do anything (other than perhaps if advocating for an explicitly redistributionist mechanism). It is almost always an appeal to an emotional argument (jealousy, us-against-them class divisions, etc.). The better analysis to look at structural incentives both ways, and which way results in a better/healthier ecosystem.

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