RE: Stake-weighted voting is a neo-fascist abomination: anti-liberty, anti-equality, anti-humanity
I don't have a proposal, as I don't understand or care for a free information market. It's basically what Steem has been tending towards anyway. Think along the lines of embracing the bidbot concept, embracing self voting, making it part of the protocol where people buy and sell information / attention through staking of whatever kind, with no governance involved. Forget about any pretense that this is a social network which rewards engaging content and discussions even somewhat appropriately. This is a separate discussion, though, and I'm not the right person for it.
Indeed I would argue that monetizing content specifically is highly overrated and economically questionable at best.
But, yes, this is what I meant as well.
And to be clear, SMTs are very flawed, and I don't expect much. I made it very clear in my post that I'm "highly skeptical". However, I do hold some hope that the competition will lead to someone creating a protocol for their own SMT which might just be sustainable. I'll remain skeptical till that happens.
I would argue that the situation is actually worse as Steem is not tending toward a 'free information market' (whatever that is) but just toward a truly failed economy. Self voting and vote selling is not a direction that leads anywhere useful I'm afraid. We aren't quite there yet but the path is very unattractive.
I share your view that maybe someone will figure out something useful to do with SMTs but I'm also not supportive of betting it all on that possibility while sitting by and watching the rest of the system collapse of its own weight in the mean time. The proposed economic changes aren't guaranteed to work but I'm willing to give them a chance.
Oh yes, of course, I agree, and want no part of a self voting, bidbot network. Unfortunately, that's a fundamental feature of stake-weighted voting, and will remain so after the proposed Hardfork changes. Of course, that is where we disagree, so we'll just have to move on.