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RE: Steemit Enhancement Proposal - Extend The Voting Period Over 30 Days By Implementing A "Hosting" Fee
why the hosting fee?
Whats wrong with just voting whenever?
why the hosting fee?
Whats wrong with just voting whenever?
Many reasons:
This makes all perfect sense to me.
However I am thinking of this from a user perspective. They want to create content and then get rewarded when it is consumed. The hosting fee makes it a bit complicated. I think it is critical to create a better experience for users on steem vs facebook, reddit or youtube. Currently while you can get paid here it is hard to find content and to get rewarded for content long term.
In my personal experience, every time people pay for something, the value of that something increases. Every time they get something for free, they tend to diminish that something. Not to mention that in sites like Facebook or Twitter, the fact that you don't pay for using them makes you, as a user, the actual merchandise that is sold to advertisers (which, honestly, won't be a terrible problem, if you will get something - alas, you don't get anything, Facebook gets it). So, I stand by my words: this hosting fee will create more value for everybody. But I'm always ready to accept that I'm wrong, if reality proves it so.