RE: The Value of Downvotes Explained
Interesting concept, so would weight/steem power factor into the downvotes?
That could really kill someone's post if a whale downvoted, lol. Would the post go negative, monetarywise? Not that that would be a bad thing. It seems there has been a flock of plagiarism in some post I see from people just trying to get an upvote, at least in the new section, maybe I should be more selective of who I follow.
I definitely like the idea of a downvote, as I try to find and upvote ones that post thoughtful and original content, but sometimes it is hard to know what is real vs what is just re-hashed content, as some people don't always note their source, or present stuff in a way that implies the content is their own. However, at the same time I like to avoid drama and would not want to be associated with a downvote unless it was anonymous, but that also takes away from the transparency.
Yes all votes are stake-weighted. Payouts won't go negative, just zero in the least,which is the same as a facebook post. Reputation points are a different matter though, it can go negative. But only if flagged by a high rep account.
Over time, I'm getting more and more convinced that curating accounts are way better than curating pure content. But that means one has to observe an account's activities over time to establish trust, which usually leads to autovoting to support. But of course, the trust can also be broken. Good thing content is transparent for the community to check from time to time if there's abuse.