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RE: Blockchain Heresy and Steem Economics: (Some) Steem platform inflation is a good thing! It just depends on how we use it!

in #witness7 years ago (edited)

Hey, I'm analyst who made last two years of career in content-managing systems - online salers and classifieds. Also I've dived in behaviour economics a bit during my two-year Master of economy study. And here is my view on Steem right now.

  1. Unfair distribution is pain in the ass and it continue to be so for a large while. Re-distribution is a pain too and need a will to be carried out. Let's not forget that the same whales who reap most of the reward now are setting the rules of the game. They will fight to preserve the status-quo. But the longer this efforts are postponed, the longer highly uneven distribution will slow the growth.

  2. We desperately need a middle class here on Steemit - dolphins and orcas. These are the guys and ladies who will make their living by the platform. They will get new users, they will monitor the health of the platform and spot anti-social behaviour. They are highly motivated to do so.

  3. Steemit Inc and broader community need to pay much more attention to the economy. I'm not saying that SMT is not worth its efforts but SMTs stand on the main platform and as healthy as the platform is. You dream of Forbes and NYT integrate with steemit and drive the price to da moon. That won't happen. They won't integrate with the platform where could came a whale mindless from his power and start to terrorize their users just because he can. And they would not be able to do anything to prevent it.

Imbalances in the economy could kill Steemit. Overpowered whales and procrastinating developers are killing GOLOS right now. If not kill then dramatically slow down the growth. Imagine if we are losing 10% of growth because of the issue - how much value would be lost in 10 years? The answer is 159%.

I think I'll make a separate post on it with much more detail and recipies how exactly we could deal with it.

Thanks for your attention.

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Dear Steemit Inc.

Please, employ this guy

hahaha!
thanks!

Agreed, since STEEM blockchain is becoming billion dollar behemoth and a small global economy within itself (e.g. bots, delegation business, curation guilds, in future communities, SMT ICOs, internal market for ICOs, job market). We need new and out-of-box economic thinker like @bronevik :)

LOL! - but not in a funny way.