You are viewing a single comment's thread from:
RE: How to Fix Steemit Inequality
Taxation is theft.
Your proposals sure sounds like a tax in disguise.
Voteing power is skewed by SteemPower AND reputation.
If you want more Steem Power...either work for it...or invest some money or mine.
The time for mining was a window (due to technical reasons) which is pretty much closed.
Feel free to plop down a few hundred thousand or a few million dollars to increase your SteamPower. If you lookit the account value of some accounts, like BernieSanders for example, that appears to be exactly what they did.
Which do you want? Equality of opportunity? or Equality of results?
This is not a tax , a tax would be to redistribute the STEEM POWER, which is clearly NOT what I am saying. Since I only want to skew the rewards, not the existing capital.
People who already invested in STEEM POWER, would still have their equity, I don't want to touch their equity. If they power down now, in 2 years they would still get the same amount of STEEM (+interest%).
I only want to redistribute the NEW STEEM POWER, in a more minnow friendly way. Yes that would cause some inflation, but there is already inflation going on. The only question is what will the price value of STEEM will be.
And in my opinion, if those 100,000 users become active, and if we get 10-20 million more new users, whom attract new investors as well, then I think the STEEM price will go up enough to fund the author/curator payouts.
Otherwise what is the point of having 100,000 users if only 200-300 users get paid, why not just have 200 users and the whales shuffling the money back and forth if the other 99,700 users don't matter anyway?
apparently I don't understand how the system works.
How bout you explain it to me.
THEN
explain how your changes will be beneficial and NOT steal money (by devaluation, rather like the FED, from the people who have already invested?)
Because by paying people more, we will get new investors to invest in Steem, which will make the price go up enough to fund this feature without causing loss to people.
Look Steem is already inflationary, there is no way around that, so just by skewing this towards minnows, in a way to get more people, will get us new investors, which would make the price go UP.
There are of course benefits vs drawbacks, but I think if payouts would be more equal, STEEM price would go more up.
How much do you get paid on FaceBook, Twitter or Reddit?
By signing up to some marketing websites and / or promoting affiliate marketing services you could earn more on average than on Steemit on average. Of course I dont advocate spam, but I used to do affiliate marketing on FB years ago, and it paid quite good. Used to earn 1000$ a month from it, but later quit it, as I am making much more from investing in crypto now.
(too deep in the nest).
but it wasn't Spam.
100 a WEEK would sound pretty good to me right now.
No i was not spamming per se, but there are others who spam social media with ref links, but they get banned fast. I was trying to avoid ban by following their link rules.
It requires a lot of research to find the right niche, some products come and go, and if you promote bad products it will cost a lot. I used to buy advertisements too to complement it and it makes about 5-6% returns but for the risks of losing money i finally stopped doing it. I ended up in profit, but barely profit, I would certainly not do affiliate marketing in 2016, the amount of bots and fake users these social medias have or maybe after 2010 the financial crisis made everyone poor so they dont buy anymore, in either case, is just not worth it anymore.
However it was pretty profitable in the 2008-2010 era.