RE: HF 19- The Clu$terf*ckening and Unintended Consequences
I'd say that some kind of dividend is necessary to keep folks invested in SP to maintain stability of value.
Participation in the platform is more attractive if Steem is $2 instead of $.14
Then we move to the value of content. Obviously, I think my own content is valuable and should be rewarded...but realistically, my interests and message don't hold value for most people.
Ideally, people who create good content would be fairly rewarded as well, but then we have to think of what the readers value, the existence of vote-exchanging, and the fact that good posts can go unnoticed to begin with due to the now nature of Steemit and the number of posts.
There isn't a foolproof system to do this; it requires human judgement.
Facebook needs to be killed.
Agreed 100%, and I think Steemit and the other front ends do this regardless of payout controversies
Other than the dividend you mention, and I am not dismissive at all of this, I agree completely.
I seek to rectify only the matter of equitable distribution of in platform rewards for creating and curating content. All matters of subjective valuation by people have nothing to do with a dichotomy in wealth creating an unfair system.
Steemit, unless it is perceived as fair by people using it, will suffer no potential to slay giants, and any fair competitor will swiftly replace it, unless it fixes that problem.