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RE: Understanding Steem's Economic Flaw, Its Effects on the Network, and How to Fix It.

in #steem6 years ago

I support increasing curation rewards, but not in combination with non-linear rewards.

I'm neutral on the flagging incentives.

I don't think anything will help as long as our largest stakeholder do not understand the difference between stacking coins and building a business. They continue to confuse the goals of building value with stacking the number of coins.

Too many stakeholders are confusing altruism with building value.

If we combine a non-linear with increased curation, the result will be auto-voting to those we expect to earn the most and even less curation.

Personally, I am starting to think the lack of distribution combined with limited business experience within the large stake-holders is a fatal flaw.

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