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RE: On The Politics Of Down-Voting Trending Posts: When Is It Fair To Knock Down The Top?
Should I continue to downvote spam comments? The comment ratio on Steemit is very low and when there are comments, it's the same people spamming gifs for pennies.
I think instead of downvoting useless comments, we should UPVOTE good comments. In this way we will get the same result and we wont censor comments.
I agree with you and follow that policy. I don't downvote to take money away from people. I upvote to give money to people. I don't like the strategies which are based around punishing people for success. I would say reward a competitor if there is one.
If you don't like the makeup tutorial then vote for another new person doing something similar so the rewards are spread out. The point is people have to get big rewards and the days when an ordinary person gets a $100,000 reward for a post then this is the best kind of marketing for Steemit possible.
People all over the Internet will see that this happened and rush to join Steemit.
Says the person with a $10k reward on the front page right now. j/k of all the postings I've seen in the last few days yours is one of only a handful I feel genuinely earned it.
Karma works that way I guess.
Perhaps you spoke too soon. Whatever my posts end up getting rewarded my opinion on this is firm and hasn't changed. The subjective theory of value applies to Subjective Proof of Work in my opinion. Valuing content is like trying to put a value on art and I do not think you can have equality of rewards without discouraging talented people.
If this were music for example and we see that certain albums are at the top of the charts even though some other artists put in much more effort, practiced a lot more, and are under appreciated, the only reason we have it where all artists aren't starving is because some have some chance to make it big whether it's fate, luck, the swarm effect, or whatever it is.
What I understand is that on Steemit you only get two payouts ever. The 24 hr payout and the 30 day payout are the only rewards a person can get. While on Youtube or other areas there is a residual income where people produce a piece of content once and can be paid for many years from views. Typically in the content space the popularity translates into the rewards not "quality" which is extremely hard to measure and as quality reaches a certain point then maybe you have all of the trending content being of quality so how do you determine an excessive reward?
$10k for a post is nothing compared to what we can expect to see in the future. I expect we will see $100,000 posts and I'll be very happy for the winner who posted it and for Steemit for making it possible. It might not be considered what most people expect coming from the traditional economy but Steemit is about the Steem Power not the Steem Dollar rewards. As the price of Steem goes up then the only way to get Steem Power for most people will be to earn it and in the process of earning it they could earn a lot of Steem Dollars as a side effect but this will only make Steemit go viral when people see what their posts are really worth.
References
https://en.wikipedia.org/wiki/Subjective_theory_of_value