RE: Steem Business Loans: Better projects and content in a larger market of middle class users
Plus honestly wouldn't the blockchain be better served with 5 delegations of 100k vs 1 of 500k? This would allow 5 projects to prove their worth and if one takes off and in some way needs more delegation then consider the larger amount.
Yes.
Heck wouldn't we be better off with awards to minnows who prove they are producing quality content with 500-1,000 SP for a few months to give them the opportunity to continue growth at a quicker pace. Yes this would take some work to actually review accounts, but in the end we could promote some quality posters to having the slider bar and give them some power with expected guidelines about how to use the free delegation.
Yes. I think this is what would happen if the right middleclass wwere supported anyway as they will find and help minnows grow. I do this already at my own expense, having steemit back me to both grow and expand the circle would be awesome. I think I have proven myself ( and there are many others too) that I am not going to scam or sell votes or only vote on myself.
Steemit Inc could even do SP leases for Dolphins and below as a discounted rate. Allow for up to XXXX SP to be leased at say 400SP per Steem. Then burn 1/2 Steem that is paid to help control inflation while using the other 1/2 to fund other projects. This would help solve a few issues IMO.
First demand for paid upvotes would decrease as it would be more beneficial to rent SP then to pay for votes.
Second it would reduce demand for SBD as the demand for paid votes would decrease. This would help allow SBD to fall closer to the $1 peg rate.
Third it would allow minnows that are willing to invest into their accounts to have a more even footing in gaining exposure.
Forth the economics of holding SP would be altered greatly. Instead of being a printing press for investors they would need to be holding because they believe in and want to improve Steemit community vs just caring about their pocketbooks.
Just a thought, but it would be a major shakeup in the platform.
They are some interesting points I think. I wonder if people read? :)
Seriously doubt that anyone will see this as it's buried in comments, but feel free to use anything you think is useful for a future post.