RE: Guardian of the steem universe: A different perspective on the role of whales within steem ecosystem.
I'm with you on just about everything other than removing a whales right to upvote. I feel that rewarding others for hard work is one of the basic principles that Steemit was founded upon, and to take that away from someone, from anyone, is not going to be good for the community.
If whales have the ability to reward posts like they do today then the whole proposal is moot.
I feel that rewarding others for hard work is one of the basic principles that Steemit was founded upon
Like I said in my post there is 129 741 accounts or 99.8% that can not rewards others. So the principle you are talking about is more of a vague concept lol
We already have enough animosity towards the whales. If their sole purpose became removing rewards, it would cause a huge divide, and everyone who gets their content downvoted will be out there making another post about whale hunting.
The animosity towards the whales comes from the huge disparity in influence/power. Give people influence and you won't see a lot of post bragging about the whales this, the whales that.
If their sole purpose became removing rewards,
Their purpose is not to remove rewards, it is to allocate rewards in a scalable way and make sure that the best content gets the best reward. The current system is totally not scalable, if we were to have a huge surge in participation there would be a ton of posts that would be left completely ignored.
One other thing I would mention, is that it isn't 99.8% of users who lack incentive to buy STEEM power. The remaining 0.2% have so much of it that they don't need any more, and are much more inclined to be selling their STEEM rather than buying more of it. This means, it's technically 0% of informed users who have incentive to buy STEEM and power up.
That's an excellent point and you are absolutely right.
I would just try and find an alternative to the whales becoming little more than payout-police.
Supervising all the minnows and making sure they are voting for good content in order to increase the overall value of the platform has a lot of merit.