You are viewing a single comment's thread from:

RE: Life Ain't "Fair" and Neither Is Steem. Deal with It and Self-Vote Away.

in #steem7 years ago

"I acknowledge the value of capital but didn't think it was needed as nothing I've said has contradicted that."

Ok, I feel that your statement that I should not get to assign a proportionate amount of rewards to my stake as specifically not acknowledging the value of capital. I used the example of voting shares in a company as an analogy.

Could you reconcile those statements?

"I am not in favor of increasing the reward share of those with capital though via increased self rewarding."

Then why would people want to buy this token? Are you familiar with many assets that people buy that do nothing except give away money to other people? Do we really want nothing but speculators looking for capital gains, dumping in and out in manias?

Why power up $50k into my account if I am an author, then? If I can't vote my post $6 and put it in HoT, why would I want to invest, or want the token at all? Why not just perpetually power down, slam the token value to 2 cents, until the platform dies because it pays .0003 cents per word?

Have you noticed the enormous correlation in post payouts going up (because investors are giving the token value) and the daily author numbers moving up x10?

Our problem now is curation (and it not being that rewarding). I suspect there is a lot of quality content coming out every day.

Sort:  

Pretty much dealt with this in the other answer on this nesting level.

Coin Marketplace

STEEM 0.27
TRX 0.13
JST 0.032
BTC 61562.85
ETH 2891.34
USDT 1.00
SBD 3.43