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RE: Why Hardfork 14 will reduce Daily Votes from 40 to 5 - My opinion which I haven't seen anyone else state!
Good idea but not sure people would vote at all if they lose SP every time they vote.
Good idea but not sure people would vote at all if they lose SP every time they vote.
That is a possibility but most users don't vote now so wouldn't make much of a difference. Furthermore it would incentivize more people to post and knowing the only way to earn is from votes will encourage them to vote as well.
How about having advertisers and we get paid by how many views it receives similar to the YouTube model and we get 50% of revenue and Steemit voters and miners get 50% then we just do away with earning from votes all together and all votes would do is make your post more visible.
Not sure how effective trying to tie an actual currency to ad revenue would be. Besides that Steemit isn't large enough to attract the volume of advertising revenue that would be needed to sustain such a system.