RE: Why Steemit, Inc. NEEDS to Increase the Community Creation Fee
Name squatting — if creating a community is so cheap, why not squat the name of hundreds… thousands of online businesses?
This is not going to be a thing. @roadscape has mentioned it's just going to be a number ID that can be named.
Community Creation Spam — if I were to venture I guess, I would say that within 48 hours of the launch of communities, there will be well over 1,000 communities created by less than 100 people
Again this seems based on your first point being what you thought it was, it won't matter if your community is the first or 1000th to be created, what matters is if you can get it attention and if users will want to use it.
Waste of an Opportunity
of what? to burn more steem, to send steem to the dao? doesn't look like a lot of authors are doing this in general so why force it onto something like communities.
… unknown impacts of a low barrier to entry
Yeah, good one.
Don't have time to read the full post atm but just wanted to point that out when it seems most was based on your first point.
I agree. Seems like a fumbled start lead into a bunch of wasted breath.
Is it possible there could be 10 HUNT coins for instance? ID# 4534, 24675, 3421, etc? Won’t that just be confusing, especially when trading on the open market? That would be a huge issue in my opinion.
**Edit: I am thinking of SMTs not communities. Woops but still might apply so I will leave the comment.