RE: Guardian of the steem universe: A different perspective on the role of whales within steem ecosystem.
double the pool therefore, bring the scales to a bit more balanced state , then your idea is kind of meaningless , since things should work out the way they are invisioned. votes would be worth more and accounts too
If the pool's value double in value it just means that you would need $4000 instead of $8000 to add 1 cents per vote. The value would have to increase a lot more to make the idea meaningless, and the value won't increase if the incentives aren't aligned with 99.8% of the site's users.
you are justifying the flagging , in your case the separation of flags and downvotes is necessary , flags to report and downvotes ,
I hate this term "flagging" because there is no such thing at the blockchain level, this is purely an interface choice which is a really bad one imo. Busy uses upvote and downvote which is a lot better.
Regarding the flag wars you've mentionned. I think it would be easy to hide whales's downvotes from the interface to avoid users misinterpreting it. People can always go look at the blockchain if they want to. Thanks for your input.
yeah economics would work that way if we add 2 millions and pump up the quantity of steem , we would lose some market price probably and steem would cost less , so.. nah I'm to asleep to think right now.
Flagging is downvote , it doesn't matter how you call it , but imagine , "whales" going around and rating posts , downvoting them for 5-10% so forth , based on their arbitrary stats , we would basically have a school system , where there are the principals and the students :| , good in concept , bad in practice , or at least it sounds that way to me , there should be a better way to make this work
When you make a post that doesn't get upvoted by a whale because they thought their vote would be better spent elsewhere it's the same as when a whale downvote content that has already been upvoted. Imagine if there was a button saying "I would have downvoted if the post had a payout". and everytime whales didn't upvote you they would click on that button. Which you would prefer to get the "downvote" or the "I would have downvoted if payout" . The point is that if the downvote action was hidden from the interface and I think it should be no one would would be bragging about it :)