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RE: The Impact of Unused SteemPower on the Rewards Pool - Blockchain Business Intelligence
Most certainly with more users, the price of steem has to go up. So in a sense it will level off if my vote is worth 1$ at full power so when Steem is 30$, my vote is 10$. As the value goes up more of that Steem can come into the pool and dilute it making our votes worth a bit less, and stalling the value from rising maybe.. I would like some sort of solution for rewarding good content without having to buy the votes since everyone with Steem power is delegating it to vote bots. its suck an intricate ecosystems its hard to see the unintended consequences of making changes to anything. Changes need to be made though
some sort of changes are needed, but I have yet to find a perfect solution...
One way is to somehow elevate the status of promoted posts again. People are prepared to pay for visibility (and ROI) via the upvote bots. We can at least take care of some of the visibility issues by including promoted posts in our regular feed. Why's that exactly? well, promoted posts burn steem in order to be promoted. That has a small effect on raising the price of steem for everyone while at the same time giving the poster the visibility they want. For sure it doesn't give ROI in the sense an upvote bot does but it reduces the "i need visibility and will pay for it" argument in favour of the upvote bots.
Would you accept a promoted post or two, clearly marked as such, in your feed?