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RE: Do ALL BIDBOTS Actually Make You LOSE Money? Why Are 50/50 Payouts Not Paid In 50% SBD/50% SBD Worth Of STEEM?

in #steemit6 years ago
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It certainly is! Communities decide how rewards are allocated within them - great. But who decides who gets to be the 'oracles' of the communities, and by what mechanism? Because if it's stake-weighted voting, we'll just end up with whales in charge of everything, again. And then who decides how much of the reward pool a community gates to allocate (and how do they decide it)? Does every community need a whale to bankroll it? Or do we just run an SMT-enabled ico, and create our own reward pool? (thereby pumping more money into steem in the process - oh yeah, just in case you missed it, that's one of the main functions of SMTs - to drive money into steem).

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