You are viewing a single comment's thread from:
RE: Slaying The Bots: Saving Steemit, Busy, and Other Steem Concentrators.
what would happen to steem if this pattern is not addressed? Does steem eventually fall apart? Does it turn into a myspace with minimal value?
No clue since there is no precedent. Steem is the first of its kind.
IIRC @paulag did post regarding this issue some months ago, and reckoned that the rewards pool eventually becomes entirely consumed by bots. I dimly recollect that in the comments there were discussions of some misapprehensions and errors in her calculations, but I don't recall if these invalidated her original conclusions.
This is what I see happening, and I don't see anything able to stop the eventual total consumption of the rewards..