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RE: Help Fix Steem's Economy!
And you believe Kevin and Traf have MORE to lose if their intentions are "not good" and these proposed changes bring forth behaviors that will make Steem more worthless?
And you believe Kevin and Traf have MORE to lose if their intentions are "not good" and these proposed changes bring forth behaviors that will make Steem more worthless?
This change wont bring any change of behavior. It will change the way the behavior is exhibited but it will stay the same. As it did always.
This change is incredibly dangerous because its essentially a aggressive move by the curator whales against the community in an attempt to grab more power for themselves which they can do, because "curation" has always been seen as a major strength of the platform and the 5-10$ they drop on your post has a huge impact on an individual. (wow someone gave me 10$ for something i wrote) Therefor you assume these guys can do no wrong.
Problem is that we moved away from the "gift" economy which is a extremely small part of the larger picture.
Not one thing that is written in this post can you hang your hat on and say: Yes this change will lead to improvement in this "area".
Not one thing would change for the better, unless you are a curator large account like Kevins and Trafs, then you would get a higher ROI.
Instead of creating a fairer distribution across the board, creating a middle class, they want to empower themselves to a higher degree.
They are essentially saying that by increasing their returns you will be better off.
That is wrong on so many levels.
Curator behavior would not change and everyone else would take a huge cut.
You would be essentially increasing community dependency greatly on just a few large stake holders that already have a great effect on the gift economy.
This is ludicrous on so many levels.
Steem was never envisioned as a gift economy. It was and is based on directing rewards to those who contribute value.
Gifting can be done using the transfer function. That's not ever been the idea of the reward pool and voting.
Though I will say it wouldn't necessarily be an altogether bad idea to design a system around. But it isn't Steem.
Kevin and Traf like ^1.3 or ^1.2 superlinear (which they call 'mild' but I disagree) but very few others do. It isn't likely to happen, so perhaps consider the rest of the proposal without it as a more realistic take.
I might have expressed myself wrongly there, but STEEM being a "gift economy" is the idea being held by quite a few people which was the point i was trying to make.
The whole problem around all and any discussions that take this direction, i think stems from one single thing..
People have a different view of what value is.
On one side you have people trying to tell you what should and should not be considered value, what should be considered more or less valuable, and on the other hand you have people (and i consider myself in that camp) that say: "What ever you decide."