RE: The Bidbottophant tool - graphics
Thanks for the upvote, it is giving me back some confidence in Steemit.
and I agree completely.
I am not against business ideas, but bidbots mess up some of the fundamental ideas of Steemit and therefore they simply have to find new ways of using their SP. Even in the most liberal countries you are not allowed to dig up the roads because you think there might be gold underneath.
The reward should reflect peoples valuation of the content - that is the whole idea behind the distribution of Steem. Mess with that and you destroy the system.
Even though I have been here for three years making hundreds of original, professional level artworks and powering almost all of it up I would rather leave this place than succumb to threats from some wealthy racketeer. The way he responded just shows that if newsteem is to work, him and his business model should be something of the past. If not I will simply leave. My 14,000 SP is worth nothing thanks to the bidbots anyway.
You can't expect an economic system of selling votes and another of honest voting for curation rewards to coexist over time
One will naturally out compete and subsume the other
Now with the new economic tools such as free downvoting, we can fight for honest voting to be the dominant form of rewards and anyone buying votes will risk getting hit hard by downvotes
If we lose this fight, then slowly they're be fewer and fewer downvotes going their way and everyone will just sell their votes for like 90% of the return of their vote value. Why settle for 50% if you can get 90% unchallenged? Then we're just down shits creek again like before.
They'll cooperate as soon as the zeitgeist shifts. That is the way of the hustler mind. Let's just hope we will be able to actually make it shift :)