RE: The Haejin Problem: a reply to @meno and @therealwolf
It's not self voting in it self that is the problem, it's how it is used, the value of the vote and the content it is voting on.
Haejins posts are nothing more than copy and paste.
It's why more people need to start flagging, but it seems those with the most SP are busy looking the other way.
Then everyone wonders why there aren't a flood of new users and a rise in the price of STEEM.
I had one very popular crypto blogger tell me they signed up to use steem, then gave up as they saw it was manipulated by a few whales.
Maybe steem will become the MySpace of social media and someone will come along and make the Crypto version of Facebook.
Having a 1000% ROI in a coin that is going to zero is pointless.
If more users can be encouraged to join and stay, the steem holders will get a massive gain through capital appreciation. The need to make more on top of that is just greed and massively counter productive
Yes, not all self votes are the same.
But all of the listed issues will be solved with ban on self voting, sounds like a good enough solution. .no?
Would be hard to implement, you could just create a second account and vote on your content... like haejin does with the rancho account
good point.. so it's perpetually broken !!
What the whales fail to realise is that, if they don't fix the system, something better will come out soon. In fact, I could just hire a team of developers, stick my marketing and branding team on it and we could have steem 2.0 in about 6 months. But there are a still a few good people here who are working to fix the problems, lets see how it plays out.
As I've said before, getting ROI and increasing your STEEM holding is pointless if the value of STEEM ends up going to zero. The way some large steem power holders are behaving, this isn't an impossible scenario.
When the market picks up, how many minnows/dolphins will stick around if they can exit at 10x and go join another platform?