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RE: The community/self split in free delegation?
Unfortunately it seems free delegations are given to the ones that deserve it the least and furthermore it seems like there is no auditing after its given to see if the delegation is used for the purpose it was given. It's human nature after all. Most people, including me, would abuse a power for their self interest when they know there is little to none repreccussions.
Or perhaps they do.
They do. But when you can click a button and get 100 sbd (~ 400 USD ) for a 5 word comment it's hard to resist the temptation and only look for the bettwr good. :)
Had there been regulatory percussions for delegated steem power I think self riches and selfish upvotes will be checked
But how much abuse. I really do understand rewarding the self also for building the community but the scales are definitely unbalanced. It seems scam until caught rather than work hard, grow slow and look long. The idea is that these projects should be developed and be able to stand on their own feet, not the leaders financed to enjoy their life off-platform. Perhaps they don't understand how real business longevity works where it requires rolling earnings back into the business.