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RE: Announcing Steemit's New Delegation Application Process
Great step. Steemit’s stake should be used in other ways too.
For example, bidbots can and should become a great sink for STEEM. Bidbots burning a percentage of their rewards will be amazing for the price of STEEM.
Of course, they will never do that left on their own. Why not use Steemit, Inc’s stake to downvote bidbots that are not burning?
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If Steemit inc ever wanted to stop bid bots they can just become one and run at a loss, which will still be their gain, and they can use liquid steem to burn or pay for ads, while BECOMING the "prmoted" section bid bot, fixing that whole thing...
Why they don't do it?
Maybe because steemit inc is "hands off" when they want to be.
Maybe they just are human and can't think of all of these ideas like we users can, and maybe now they can do this idea.
Hey, they can use the 1 million delegation to actually create BID BOTS to undersell other bid bots, make bid bots super profitable!
Sounds like an interesting proposal for a delegation
Steemit,Inc can do this themselves. Why delegate to someone who will do this anyway. They can probably automate it too.
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Absolutely can Be automated. Just depends on it getting through the delegation approval process. Ultimately, it doesn’t matter if it’s delegated a Steem a separate project or. Not, the party running the program has to have a way of running the Steem voting. And it’s has to avoid a conflict of interest