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RE: Bidbot Experiment: The Good, The Bad, The Ugly

in #steemit5 years ago

An excellent post. For me, the biggest issue with Steem/Steemit is that its rules are not designed to meet its stated goals of rewarding quality content and curation. I realize that Steem is also a crypto and that things like bidbots can encourage investment, which may help Steem as a crypto, but at the same time, as you show, that hurts Steem as a quality content platform. I think the Steem blockchain should decide which of these goals it wants to pursue and then change the rules to support that goal. I personally no longer have interest in spending massive amounts of time putting effort into a post here, because it simply isn't worth the time both because of the reward structure and because my audience, for visualization posts, simply isn't here. It also hurts that steemit does not support more content types, such as equations and embedding interactive web content. I introduced many people to Steemit and I am the only one still here. The others found its rules too confusing, the interface too poor, and were taken aback at people buying votes for themselves without any regard for quality.

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I think they've already made that decision. Their white paper doesn't say anything about rewarding quality content. It uses the phrase "add value." That's a convenient euphemism for unpopular methods of interaction on the blockchain that may not have anything to do with content creation. If you take a look, you'll find accounts that have hundreds of thousands, or millions, of STEEM and/or SP but that have no created posts. These are the financiers of the blockchain. In many cases, they delegate to other accounts (perhaps some they own) and fund initiatives that appear to benefit the blockchain. It would not surprise me to see Steem transition to a Dapp-development platform and for Steemit to disappear completely. It's already almost there. Steemit was intended to be the blockchain's first Dapp to illustrate what is possible for other Dapp developers. It's done that. Now, it's usefulness to the corporation has overextended itself. Now that it's proven it can take on a life of its own, they should let it. Unfortunately, they do not.

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