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RE: SMT's or Smart Media Tokens. Are they really Steem's saviour?

in #steem6 years ago (edited)

Hey @benjojo,

You've made a lot of good points here and elsewhere lately. These are issues that are uncomfortable for the community to address. I also have to agree with you that there are issues on the platform that need to be addressed before mass adoption can occur.

I've read your proposals about delegating more power to more minnows/dolphins/users and while I don't know if it could work, I appreciate the fact that you're bringing some sort of solutions to the discussion. I honestly think, in the very least it could be experimented with. Even though you've powered-down, I think that you're someone who's been on the platform longer than most and have a good idea about the platforms strengths and weaknesses.

When I think about the state of Steem it worries me that some of the most glaring problems seem to be completely ignored. If Steem/Steemit is to be successful, the issues need to be brought out into the light of day and addressed directly. Inequality and power being concentrated in a small number of accounts is a real problem. If mass adoption is to occur, and new users flock to a platform that is severely imbalanced and operates much like an oligarchy, I don't think their going to want to stick around. Just my two cents.

Thanks for saying it like it is. Steemit/Steem can still be something fantastic that benefit so many and I hope it does but if Steem inc and the community continue to ignore some of the underlying issues they will boil to the surface and could cause irreversible damage to the platform.

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Hi V4vapid, I really appreciate your words of support. I'm far more comfortable being a cheerleader and advocate than a stick in the mud. I'm here raising these issues because steem and steemit have given me so much, is the most incredible community and example of what is possible. There are two questions I think it is extremely important to answer....can steem/steemit be drastically improved in a timescale that is relevant? If not, can the best of everything here be salvaged?

Despite having powered down, I feel I still have a responsibility to this community. The best way I can think of to help is to raise these issues, generate discussion and see if they can be addressed.

The way I see it, we all need to end up on a platform like this because there is so much scope for improving life everywhere......I don't much care which one it is as long as it works as best it can. So the best way to find out is rigorously challenging all of the options available, including Steem until one shines through.

I hope everyone get's the most they can out of Steem and Steemit, but preserves at least some of the value they are generating. Being aware of issues can give people perspective and help them make decisions.

None of the issues I've raised are easy to solve but I think we need to try a little harder to do it or like you say, eventually it will all catch up to us.

Thanks again bud.

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