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RE: SCD #7 - Working Towards a Decentralized Self-Governance of the Steemit Community

in #steemitcommunity7 years ago

You are a true soldier @krnel and if you do not feel the thanks and praise for all that you are doing, I hope somehow that that gets balanced up as well as the platform.
I do believe that there are two very important steps missing from the Trivium Methodology process, as you spelled it out. I believe that these two steps are vital because without them there is no compulsion to change. Just as the changing of the rewards structure is going flatter, nobody can define it... so ... everyone is in the dark.
So, may I suggest that there is a presentation which explains the price of steem and its inability to recover DUE to the status quo. The whales HAVE to acknowledge this in order to be prepared to move from where they are. They need to see the death of steem under their watch - I see it is 9 cents today.

Then they need to see what might be IF certain things happen. It is clear to me that they are predominantly of the gaming fraternity and this needs to be embraced and acknowledged. They are not going to change. What I am proposing or suggesting is that the platform is modelled using historic data. If one can show them certain metrics which return steem to $x, then their volume of SP has to be negotiable. 100,000 x $0.09 is sort of outshone by 50,000 x $1.09, and onwards. Returning to the $4.50 realm will, unfortunately probably need to include a demonstration that the influence of 'whales' has been muted by a very large extent.
This is not for the feint of heart - this is a very big decision for these guys and girls to make. They have to commit to a self-imposed schedule of decentralisation paralleled with a veering towards steemit looking more like a social media platform. To me, HF17 is a papering effort. Comment rewards etc - just stupid ... get the really big issue out there, as you have, and see it for what it is - death or glory! The Clash ... one of the best ever.

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Well, thanks you very much for that. :)

the price of steem and its inability to recover DUE to the status quo.

I'm not sure that is the case. People have suggested it, but I see it currently more as an attempt to apply causation to correlation. DO you have any data to convince me? The powering down has been happening for a while and selling as well. I just see more of the same. I'd like to have more information to agree with you on that one ;)

Comment rewards etc - just stupid

Yeah, I have objected to it as replicating the problem into another economic sector and not dealing with the root of interactivity problems, as soon as the proposal came out. I addressed it 3 times. hehe.

The importance of the Trivium Methodology is that it represents how to navigate life and find answers to problems. I haven't presented my work on that yet, in a specific way. I'd probably want to remake it and do new stuff hehe.

Thanks again for the feedback. Peace.

I most certainly can explain the value metrics behind the price of steem, beyond the weight of sale orders out there and the history of sales.
Applying these to steemit would suggest that there are forces which WANT the price to get lower so that they can take advantage of the price before turning the leaky vessel around.
This is a murkier business than I really want to spell out here as a result - happy to be 'off-line" about it.

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