If the economics favor it, that creates a valuable niche. If one person doesn't fill that niche, someone else surely will.
The vote selling economy on steem is not a valuable niche... it's a bleed of value. That bleed happens both in the talent that leaves this platform due to the fact that quality isn't rewarded manually, and steem Blockchains reputation in the wider world. I've noticed this same attitude among a lot of devs and some of the witnesses... + dapp owners etc. It's blinkered to assume that steem Blockchain primary usecase and best UC is not content. Therefore quality content should be nurtured by those with stake to create a virtuous cycle (eg when people see professional level content get curie awards they strive to improve to try and get those awards).
Bidbots drive away decent content creators. Simple fact. Curie can only encourage them up to a point... beyond that point they leave. I know this because I've been a curie curator for over a year... I've seen it again and again. Those people who claim bidbots aren't the problem obviously haven't seen the multitude of posts I have where talented people anounce they're leaving because they've discovered that votes are bought on here. I've seen tones of them while searching for curie.
To put it super simple, the vote buying system on steem sacrifices legitimate long term growth of the price of steem for short term gains for a few people.
If publishing houses invested in this space (to source or promote authors) it would lead to huge $ value. If legitimate film interests invested in this space (to promote independent film festivals or up & coming directors etc) it would lead to huge $ value. If steem somehow leveraged streaming entertainment (similar to YouTube) it would lead to huge $ value. I only have one instance of proof that vote buying is why they run a mile and that is in the publishing industry... I talked about that in my other comment in this thread.
I'll tell you what will lead to the continued devaluing of all our investments. Allowing the best content creators to be continually devalued and driven away by the fact that people with a tone of SP just want to sit back and watch money come in with little to no work. That's what vote selling is all about.
If one person doesn't fill that niche, someone else surely will.
Yeah sure, if they're allowed to. Stinc and a handful of the most stake wealthy on steem could use their SP (downvotes) to stop bidbots if they chose to. But half of those stake wealthy people I speak off are involved or run bidbots so we're kind of fucked. Also their hefty stake weighted witness votes could remove the witnesses who perpetuate vote selling from the top 100 and send a message, but they don't because half of those stake wealthy people I speak off are involved or run bidbots.
You say it doesn't matter @smooth, you're wrong. But this comment isn't really aimed at you per say, these are thoughts that have been gestating in my mind the past 24 hours watching the comments on this thread.
This is the last I'll say on the subject.
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