The majority of the economic incentives won't be that hard to sidestep with the proper dapps in place.
The reward curve is easily defeated.
Curation is easily defeated.
The flag pool is self-defeating.
The only thing that can't be avoided really is the siphon that funds development. Arguably, it would be hard for this to yield negative results even if it was extremely corrupted, so no worries there either.
At the end of the day Steem will learn to incorporate the smartest economic plan or be abandoned for better politics on a side chain. Of course this will take years and years to come to fruition.
Yeah, our initial leadership stepped in it.
We had a chance, but they chose to enable abuse instead.
I'm hoping we can adjust enough that folks stick around.
I'm not hopeful that I, as a pure content provider, and not much of a social butterfly, will be able to justify my already vastly limited time here, come Monday....
Meh, we have to wait a week or two to really see what has changed.
Yea. I know what is going to change for me. Less reward, and less consequences for my serial downvoters.
Well, the flagging could improve things, there is no telling before the shift in behaviors to the new math.
The truly messed up thing will be when altseason comes and everyone says: 'see! EIP works!'
lol... no.
Lol, it has already started!
Steem is up .02usd.
As if it's not manipulated.
This time I'm locking in profits near the top.
I don't see steem to ever maintain more than a few dollars in price, absent some hodler investors.
The return is too low.
Who holds cash as a speculative vehicle?
That goes for all of them.