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RE: Steemit Update: HF21 Testnet, SPS, EIP, Rewards API, SMTs!
The promotion services do more harm to Steem than good at this point. The whole point of organic curation is for people to distinguish between good and bad content. If Smart Steem is just going to upvote as a service then we have no way to determine good or bad content. Anything can get visible.
We need to fix the economics so this isn't viable. As long as it is viable, someone will do it.
Just as true is the fact that with downvotes (flagging) now being free of cost to the flagger, many are downvoting just for the sake of feeding their ego (or, as it could also be said, because they are on a power trip). Just imagine, you are not capable of writing anything original, so you attack those who do and threaten to attack those who protest such action by you...and...voila, you are the big boy and oh so influential.
All I see is Steemit getting less and less posts - when I joined, after submitting my post, I would get shown a list of new posts and if I missed out on a post and went looking for it, it had disappeared because of so many new posts being made. Now I submit, check out a few of the posts and when, a couple of hours later, I post again, I see a few new posts in the list....but then I am back to those I saw hours ago - which means there is a massive drop in posters.
It will be interesting to see how things go once more than 50% of the original posters, still posting, give up on Steemit. I guess the curators can then curate each other and enjoy having themselves flagged?
Not my scene....and have already signed up elsewhere. Just trying to work out how to maintain contact with a few friends I value, who are still here.