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RE: Selling delegation, becoming voting bots, in the middle of whale wars. Where did all the human curators go?
Interesting.
Would I be right in thinking the following?
At present the 100 highest SP accounts (or the one's that are active and/or have delegated SP to bots) of our approx. 65,000 total active accounts, collect a lot of the reward pool. The same top 100 accounts, when they are in a total participant pool of say 1,000,000 active accounts, will be collecting less of the reward pool than they are now
Actually, when you put it that way, it's in the interest of the most vested self-upvoters to make sure participation doesn't grow too much.
Yep.. But the value of steem lies in the utility that comes with greater participation/adoption, and so though it seems so in the short term, they are killing their portfolio in the long term.
It's actually in their best interest to earn less from the reward pool but have their holdings increase in value as adoption drive the price of Steem.
If only these people are willing to see it that way.