RE: I HAVE A QUESTION FOR THE STEEM COMMUNITY - What Do You Think of Steem Basic Income (SBI)? [steem] [blockchain] [community]
@joshman Thank you so much for your input and more importantly your honesty. I do agree that it is an autovoter, but you must post as well as the recipient of any sent SBI(proof of Brain), albeit they could be "sh*t" post too(not PoB), in order to receive an up vote. Generally though, I believe most who do send some SBI to another Steemian do so because they feel they are doing the PoB but not being supported enough by the community (many do tend to get lost or not found here). Also up votes don't happen on every post if you are posting more than once or twice a day, unless you have quite a bit of SBI or delegated to the project.
I appreciate the upvote and reward that comes with the SBI upvote only because it does allow me to return back (in form of upvoting others) or keep it here within the Steem Network.
And finally, to touch on an earlier point, I also believe that those that do receive the SBI help, support, charity, or whatever else some might call it, will return the favor to others on the way up, as it was given to them.
Josh, can you explain a little more on your macro level concerns, just curious, and again thanks for your input.
I will say that to his credit, @josephsavage has been very responsive in removing abusers from the system.
On the macro I mean, how much of the reward pool is being allocated to it currently in total, and how much will it scale up in the future? This includes both the voting itself, and policing of the votes for abuses. And of that total amount allocated from the pool, how much stuff that's objectively garbage being voted on? What percentage of people that meet both of our standards (or a reasonable standard of quality/effort/PoB) actually getting these votes?
Less than 1/2 of one percent. And we have been shifting from reliance on delegation to self-power over the last few months. Now with communities the VP is drawn down some, so we will start leasing delegation again. Still, I don't expect it to ever grow large enough to be a significant portion of rewards pool. Any single program supported by misterdelegation has much bigger impact... like drugwars self-enriching itself through fundition votes for many months... that dwarfs the entire history of SBI voting.
Quality is incredibly subjective. We try to police for plagiarism, spam, and fraud, but aside from that we think that crowdsourcing our vote list works really well!
I see. Well, not sure where to begin with on finding answers to many of your questions. A lot of SBI support I guess is based on trust. One thing I do know is that say I give someone support with SBI's, it does take a substantial amount before it really starts to benefit sender or receiver. I myself usually vet the receiver, and hope that they stay the course, but if not, I would not send any more and of course there are down votes.
So ultimately, each SBI sender and receiver are on their own but with the hope that each actor is responsible, and so on down the line. I think for the most part, SBI's have been good for the smaller accounts, and it is good to know that the SBI team does try to mitigate abuse.
Now with this recent news, who knows where this all goes... this could all be moot in a little while, we shall see.