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RE: SCAM ALERT: SMS Phishing Hustle Redirects Users To False Coinbase Site

in #dlike6 years ago

Oh joy... thanks for the heads-up! As cryptos become more and more mainstream, I guess we can expect things like this to become as commonplace as PayPal phishing scams...

Not sure what to think of dlike. Seems like an invitation to send massive amounts of spam to the blockchain... but reserving judgment.

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Yeah, that's basically what the whole conversation was about in Discord. Here's part of my reply to the person who reached out to me about it:

I think it's an interesting aspect of any social media platform to share content socially. The STEEM blockchain itself will be used in many different ways. Memes, shares, original content, videos, live streams... who knows what else. If someone is abusing the rewards pool and not adding value, then a flag is the right way to handle it. I do think link shares can provide great value to the community. Example: https://steemit.com/psychology/@lukestokes/a-comprehensive-guide-to-cognitive-biases

That was essentially a link share. That's how I see DLink. It can be used to add value to the network. Those who don't use it to add value should get downvoted.

But I don't think we can decide what the Steem blockchain is for and what it's not for. It's an open blockchain for anyone to use. The problem isn't so much with how it's used (we all get bandwidth) but in how the rewards pool is distributed, yes? If any interface or content approach takes more out of the reward pool in ways the community doesn't like, the correct action is a downvote. We need more people downvoting. I don't think a tool itself like this is immediately bad. I think it can provide value. It's up to the token holder voters to decide if it gets rewarded with votes or not.

I'm not a fan of the labor theory of value. I don't think value has to be created only through effort or labor. Value is a dynamic story we tell ourselves based on context. It's constantly changing. Is there a time and place I could discuss this with the minnow support community? I'd love to get more perspectives on it.

That led to a really fun conversation with a number of minnow support mods. The funny thing is, during that conversation, I said if I shared a link and it took a bunch of rewards, I might flag it myself to bring the rewards down. In this particular case, I kind of think the information is really valuable though. My plan is just to decline rewards on my next post, so it's kind of the same thing, I guess.

I agree, we don't get to decide what social media is. There's a place in the world for things like Pinterest and social curation sites like Scoop.it and stumbleupon (now "mix"). There's a place in the world for memes, animated gifs and all manners of other things.

Dlink could totally add value, if used "responsibly."

Therein lies the rub... pretty much anything can be used responsibly... or compulsively, to try to extract every possible drop of rewards. It's like the old "spoons don't make you fat" dilemma. Of course they don't. Eating two pounds of pudding for desert every night is what makes you fat.

Obsessively posting 300 links a day in search of rewards is what creates spam. Or potentially creates spam. I'm not a slave to work=value, either... I'm more oriented towards the approach Google took back in 2011 when they rolled out the "Panda" initiative to put the lid on search spam: Maximize user enjoyment of the web experience.

Flagging overvalued posts just moves the rewards to the next overvalued post in line.
As is, flagging overvalued content is futile.
Burning flagged rewards takes them off the table.
This is a change i would like to see.

just moves the rewards to the next overvalued post in line.

That assumes all content is overvalued since all content earns more when one post is downvoted. Burning the rewards may mean there is less value for new members and further increases (in theory) the purchasing power of existing entrenched holders. If we don't like the inflation rate, we can change it, but having it change based on the number of people getting downvoted seems like it would incentivize large accounts to do a lot of flagging which might hurt adoption.

The flip side to that argument is the ongoing @burnpost experiment. I still haven't made up my mind if it's a great thing or not, but I do like that they are pushing the price of SBD down and using SP to support useful services.

Alot of it is overvalued, imo.
And most of those flagged rewards are in no danger of getting rounded down.

I guess whales could abuse it, some of them certainly have no qualms about selling votes and selfvoting.

It looks like i will just have to go down the list to get my dime as low on that list as i can.

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