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RE: Steem Budget Proposals Whitepaper!

in #steem7 years ago

I don't like the idea of more inflation. It is right where it is and I strongly recommend it staying there.

What I like is you thinking big with your 200,000 STEEM every 28 days proposal and reducing witness rewards (at least slightly) to make things happen.

What you probably have not realised right now, or underestimate is your own ability to fundraise for the exact same purpose.
It will probably take 2-3 years to reach your proposed amount, but I think you as a highly trusted witness can make it happen on your own.

Let's say you create a new account @jerryfundraise or some other clever name.
You encourage people to send you SBD or STEEM whenever they can afford or want to help the cause. The money will be used 100% for supporting such projects you see fit for this purpose.

If you get 2000 people to donate 5 STEEM per month, thats 10,000 STEEM every month to reward such projects. Of course you can do posts with this account too, for additional posting rewards. I am sure a lot of people would help to get this started.
I am offering this right now. If you do, you have your first 5 STEEM/month donated by me. Please mention me, if you plan to make this idea reality...

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I read so many article on steemit where people comment and rarely make the small effort to vote on a comment. If people won't invest in a simple act of giving an up vote, how will they do this buy giving STEEM. Also, your proposal would limit the number pool of people from whom the STEEM could gotten from, since many people have not made investments in STEEM to have any to give.

People who don't make an investment in STEEM (however small it may be) don't stay for longer than 2-6 months, because they get zero visibility ragardless of how good their content or comments are.
I am talking about established accounts, who have been around for a while or at least invested a few hundred bucks.
But you are right. From an accounts perspective, most people will not be able to contribute anything other than their small upvote.

Make it 5 Steem/Month by me as well ;)

Yes, @jerrybanfield. With all due respect, raise the funds yourself instead of advocating the abandonment of sound economics and stealing rewards from top witnesses!

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