RE: I have Unfollowed Everyone, Stopped My Bot Voting As Well
Steemit isn't only, or even primarily/fundamentally, a platform set up to reward "good" content.
It is a blockchain in which new currency (STEEM and SBD) is brought into existence by posting and voting as opposed to "mining" - the way it is done in Bitcoin for example.
This means that there is the opportunity for many, many more people to come into and participate in the crypto economy/movement. Previously it was pretty well limited to geeks.
If you don't think that the fairness in steem is at least a little better than it is in bitcoin, and that the opportunity is open to many more people to participate, then you are blind inho.
Ask one of the newbies on Steem who is complaining about the fairness of it all just how much $ worth of bitcoin they could mine into their possession without a LARGE investment in equipment and knowledge acquisition.
Absolutely agree. This is I why i think no one should complain about the gaming of the system.
One can play it by being an insider and "supposedly" a Steemit promoter/mascot. In now way these people are worth millions for their effort. Is just the way it came to be. The circle jerking rewarded them
One can do what bernie does, that is, selling votes which is not less or more "ethical" — whatever that is. is just another angle one can take in order to make money.
Last and not least comes the sucking up to higher ups or worse, pretending that one makes "Valuable comments". That's completely bullshit in my opinion as well but hey, if it works, I guess there is value there as well.
There is no such thing as equality or fairness anywhere in life. That includes Steemit. There is no way "good" content will ever be presented here and be sustained because the wealth distribution is massively concentrated and the ration only gets bigger due to the economics.
Much like you said though, despite all these, Steemit is the best platform one can earn cryptocurrencies and is backed up by an awesome piece of technology.
Agree to all, but need to make a statement to your last statement "Steemit is the best platform one can earn cryptocurrencies and is backed up by an awesome piece of technology"? Is it the best? Don;t forget platform like Viuwly and LBRY. Ok, they are more for video, but they just started. And what about what Synero does with WildSpark? And I assure you, we will see competition to Steemit, eg blogging platform with monetary reward systems that may disrupt Steemit and Steem, but may also not, since the law of first movers also plays a big role in economics. Although it seems Steemit is the best thing around, it may not be the best thing anymore (LBRY coins is doing fantastic BTW), it is maybe unique in its kind still, but I predict not for long.
For now Steemit is a better option. (at least financially wise)
As a blogger, you are right. As an musician, posting to Musicoin may be better, Steemit can be an additional source of income, to circle their musicoin posted materials also here on Steemit.
Actually this is exactly what steemit is or should be. It can however be anything you want it to be. It does have many other current and potential uses.
Although Steemit lowers (somewhat) the barriers for the none-geeks to come and play and have (theoretical) more influence, that doesn't mean that we should be just ok with what Steem Power and Steemit became! In the end many Steemians spend a whole lot of time in this community, while those that spend little time, take most of the monetary rewards. Of course, everybody is entitled to decide to stay or leave, to accept or not, to stay quiet, or speak up. @kyriacos decided to speak up and act, and to be honest, maybe it is a good way to go.
It's not about time. It's about whale circlejerking. You can't stop it. It is what it is. As far as new blood comes in the system is sustain. They just have to pretend amongst themselves that they "work" for the community and pay themselves 100 times more than a facebook community employee that handles x100000 more traffic.
I used the "Time" as symbolic, since the high SP holders may spend their workweek on Steemit, but with what they do they take a MUCH higher income. With the vote bots emerging, they even take a MUCH higher 'curation' income. But it is not only the circle jerk of the whales that causes the issue on this platform, generally (with exceptions of course) users are trying to get the attention of the SP holders that are bigger than they are themselves, ie in the SP pyramid the focus of attention of users is to levels above themselves. Although I didn't do any analyses I predict most auto votes go to SP holders at the same level of the one who auto votes, or above and rarely to lower levels. Manual voting by the higher SP holder almost came to a halt. And sure, some of them are still voting for posts they like, which can be seen for lower SP holder when they get a vote as they getting a bone thrown from time to time. In the end, the bottom part of the S pyramid keeps the platform relevant, support the growth of the platform, while those at the midlevel to top of the SP pyramid are take the majority of the revenues coming out of everything, including the growth of the platform and with that also the growth of the value of Steem and SBD.