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RE: Curation Rewards and Voting Incentive
This quote bothers me enormously:
Curation is a game for whales and dolphins. Minnows should stick to posting and commenting.
This implies several things: that we're all in it for the money, and worse, that it's considered normal that regular or new users have no say in things.
Disappointing.
It's not that simple. If any new user vote had "power" to shape who gets the rewards, someone would create thousands of IDs to start gaming the rewards. At that point people would be saying that this is bullshit and that the system is broken because fake IDs dominate the voting. Invested vote solves this issue (but creates other issues).
Yup... disappointing to say the least.
Its just an optimal move with respect to game theory.
Exactly. Many people misunderstand posts like these. They're meant to look at the optimal strategy for everyone on the platform. This is how you can make it resistant to exploits.
They'll attempt to claim the moral high ground by placing themselves above monetary rewards. The truth is that everything behind the platform is based on incentives, and that if those aren't properly aligned, everyone will suffer (through content quality, ranking system, wealth distribution, etc.).
This post just focuses on the economics. There are surely more sustainable ways to earn money than posting on steemit and the opportunity costs are high, since it is very time consuming.
Therefore it is a must for a "good" minnow to be passionate about steemit and act properly. Doing that could soon get rewarded automatically. That´s a good thing.
Steemit is not yet really used as a social media platform where people share content with mainly their friends.
I could see this happen soon with some polishing on the layout.
Even if your content only earn cents, the excitement is always there when posting in hope of a big whale to bite.
And if that does not happen, your friends can still show their appreciation and comment, just as on FB for example.
You say a "good" minnow acts out of passion, but according to the OP curating should obviously not be a passion then.
I think @dantheman was speaking strictly from a mathematical, and logical, version of things, as if he was in the middle of programming a new subroutine.
Naturally regular or new users do have a say in things. I purposely seek good content even if it comes from someone I never heard of before. I did that just this morning. A new post, from a new user only 1 day old had an impressive post. I upvoted, commented, and even said "It looks like this is a second account from an established user". She admitted, "yes, it's because I lost my password to my main account". Check it out: @cutie
So regardless of what you thought @dantheman said, I think his heart is still in the right place. Don't be disappointed.
He didn't say that regular users (minnows, etc.) have no say, in fact he said the opposite. Read the section "Role of Dolphins and Minnows" especially the last sentence.
Also it does seem like they would want to vote on hints that increase value of Steem power not just eaten a days worth of Steem.