You are viewing a single comment's thread from:
RE: A case for eliminating curation rewards
When the rewards for spending time/energy on a specific task are reduced, you tend to get less of it or a lower quality, or both.
Hence Linux?
There are other rewards and motivators than money. As long as you do not include those in your economic thinking, I predict your predictions will not be very good.
Yes, but on this platform, the incentives are the cryptocurrency. It's the entire purpose of the token. It is meant as an onboarding mechanism for social media users, hence the payments in STEEM, STEEM Power, and STEEM-backed dollars.
As long as people refuse to acknowledge the purpose, I predict that their solutions will not be very good.