You are viewing a single comment's thread from:

RE: Creating Capital Gains with Appropriate Incentives vs. Discouraging Capital Gains by Profiteering: A Proposal

in #steem6 years ago

It isn't wise to drain the blood from a barnyard animal you'd like to sell at market for a good price, and that is analogous to profiteering and extracting rewards from the platform when you'd like to see Steem generate capital gains.

The problem is that it isn't the animal's owner that is draining the blood...it is his neighbor climbing the fence, draining the blood, and saying "hey, we're all in this together" when it comes to reward pool rape


I don't think that it is the existence of curation rewards that is the problem, but rather that those rewards are time restricted...if you don't jump on a good post soon, then there is no reason to curate for returns.

This KILLS content as a long term resource for the platform.

Other than loons like me, who goes back and reads old Steem posts?

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.034
BTC 89972.67
ETH 3222.82
USDT 1.00
SBD 2.82