In my last post I explained why I think the Steemit blockchain is broken and unfixable because its already up and running. Any radical forks (necessary to fix it) could lead to lawsuits (?) or mess whales up (⊙＿⊙') - Oh No!

Now here’s my solution. Start all over again.

Like all things, the best place to start is at the beginning. This is because if you don't have a clear idea what you want at the start, the end result will be messy. And so you have to establish values. The primary one being egalitarianism.

So without further ado I give you the new decentralised social media platform. Let's call it "Club Tropicana" where the drinks are free.

The Outline:

1. The Tropicana token is pegged to the dollar. Buy as many as you want, but you’re just buying dollars silly. They will never go up or down and are completely stable. You need a token to have a ledger. So we can just scrap the crypto fetishising; hoping you can get in early enough and ride a tidal wave to the moon. That's not the point of a token. And we won't need a bullshit ICO.

2. No one user can censor another. Community guidelines are established and made public before the platform launches so everyone knows what to expect. They can also be amended during the platform launch because everyone's stake is protected being dollars. Users can just leave anytime, without fuss. The community can't silence people simply because they disagree, they need a good reason. Thus no flagging; only reports of misconduct and then appropriate action. Thus people's right to free speech is respected. Censorship is done by the community to protect itself from harmful content. Moderators could be elected and immediately delete dangerous posts.

3. Users earn money only through the upvotes of others. People make money via the quality of the content. Sure you can upvote yourself, but what would be the point? You don't get anything back. You could also upvote an alt account but again, it's pointless. Bye bye Haejin's.

4. The platform is funded by a pilotless bot no one owns. You pay the bot for advertising your posts for more exposure. All the money the bot makes go back into user wallets, pays for infrastructure, moderators and pays for customer support - lost passwords etc.

5. All changes to the platform are done via user votes in public polls but can never be done in the favor of elites. The core of this whole project is equality through and through and this value can never be compromised. Only earnings distinguish users - they live or die by their own merits.

6. Power down is instant as is membership. If the network crashes then too bad, people have a right to instantly transact owned assets.

It’s also important to outline whats trying to be avoided with this model:

1. A fetishising of tokens. People can lose any money through price instability.

2. Unwarranted censorship. A ruling elite with masses of wealth which can destroy other users for fun.

3. Mediocrity - bad content getting rewarded. This isn’t how free markets work. Pewdiepie isn’t everyone’s cup of tea but he’s done well because he’s damn good at what he does and worked hard.

4. Exploitation via bots. People getting rich off the back of others who can’t get exposure.

5. Whales = Totalitarianism. Users having more power than others and large wealth concentrations which negatively impact others. People being wealthy is a good, using wealth to exploit others and bully people is bad.

6. Difficult access and losing control of your assets via a 3 month powering down.

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Of course talk is cheap. Actually building a blockchain and governing it is tricky. But it’s clear to me that if you establish core values, before the network is launched, then you’ll have a better chance of a decent community in the long term. Because what matters isn’t whether a few users do well, but if all users do well, that all users are equal and that their rights to speak are respected.

Also my model would discourage sycophantism and e-begging, meaning people could be the glorious bastards they were born to be.