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RE: Have you ever been Steemauled by Burnitallbernie?

in #berniesanders7 years ago

This is exactly, what I'm thinking about this issue. All the abuse and cyberbullying is the direct result of the way the rewards are distributed. It's mathematically guaranteed that this system is going to be abused. This is not a matter of behavior. It's a mathematical result of the current formula.

The method of reward distribution needs to be changed asap, because it results in $65 Million USD abuse in Steem investor funds in just a single year. It's a matter of time, before investors figure this out, the Steem price crashes, and Steemit implodes.

My solution proposal is to get rid of the reward distribution scheme altogether and let people choose the posts they want to tip and how much they want to tip. All with their own money; not distributing someone else's money. I've explained this in detail by a post called How to Solve the Reward Pool Abuse Problem Once and For All.

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