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RE: Transparency Bot -- A good thing until YOU get caught! - a tale of woes
I think you misunderstand how the reward pool works. So I'll explain it.
There is a certain amount of steem generated each day that gets split between all users who upvote according to each user's vesting share. If bob has 9mvest and bill has 1mvest then bob will get 90% of the reward pool and bill 10%. If bob decides not to vote, then bill gets 100% of the reward pool.
So you see, you're not helping someone by buying their vote. You're decreasing the overall reward pool that would have been split up between the rest of us. Thus, thief!
I understand it perfectly. Each user is allowed to delegate the exact % of the stake they own, using their votes. By not voting and selling their voting power they are selling their stake in the reward pool.
Thus... Purchaser not a thief.
If you are buying your own upvotes then you are negating the consensus algorithm which is designed so that the community decides whether your post is worth the upvotes it gets. So you are stealing from the entire community, not only by taking from the reward pool, but also by taking away their power of choice.
Let's say whale A, says, hey I don't want to vote today, you can allocate my share of the reward pool.
That is exactly what is happening only he is saying, I will sell it to the bidders. It is his/her stake to do with what he likes.
Let's say employer A says, hey, I dont want to pay any of my employees today, i'm going to allocate my funds to a gambling pool. And have my employees bid to see who gets paid.
It is his stake to do with what he likes.
You are giving them the power to abuse the system. Stop being a scumbag.
Haha. You're arrogant and think your view of the world is better than mine. Nobody here is an employee.
I am not a scumbag, and I truly don't care if you think I am. Trying viewing things from a different perspective.
We are all employees. We are working for the blockchain to create a fair system that is sustainable and that provides value for each user. We are working for the stake holders to make their investments profitable. Not by buying their votes, but by increasing the market share of steem. Many of the investors have forgotten this fact. They will profit much more if the steem price rises, than they will if every minnow pays for their share of the reward pool.
I am arrogant. But my view is definitely better than yours. You are the same as those investors who want to make a quick buck. Whereas I am looking to the future of the platform. I believe in the vision that is set out in the whitepaper. Have you even read it?
But anyway. It is clear that I am not gonna change your mind about this. So carry on with what you are doing.
I am actually glad to hear you are in it for the long haul, so am I. The plain fact is that nobody is an employee here, but I realize you make the comment Metaphorically. Also, I went through a phase where I thought about it from a similar point of view as you are thinking about it.
Yeah, I am not really swayed by people who insist and rudely that everyone views this with the same vision.
Yes, I have read the white paper several times. We are building more than a blogging site here, we are building an economy. The white paper also acknowledges that it is an experiment. If you don't like what I am doing I strongly encourage you to practice flagging, and I will not flag back. That is how we manage behavior we do not like.
You do not get to insist how other people behave, you do not get to insist how others use their stake. It is a decentralized platform. In addition with new platforms coming, I am sure there will be a blogging site which doesn't allow for vote selling. I am happy you are reading the white paper, and learning.
Fortunately, I don't mind that you view the platform differently than I do. Enjoy.
Oh I do flag. I won't flag you though. There are much worse offenders than you. You do at least earn something from natural votes.
And the fact that it's decentralized means I do get to insist how other people behave. Just like you get to insist to not listen to me. Decentralization does not magically change that.