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RE: The Reduced Author Rewards of The Economic Improvement Proposal is Moronic and Unfair

in #hf215 years ago

Thank you for taking the time to read it. I know there are abusers on the system, but now those tasked with maintaining the system look like they're abusing the system as well using weak justifications to cut Creator rewards in half. I'm not an expert in the mechanics either, but I have a decent understanding of incentives and the principles at stake. I've been doing a lot more reading into the "discussions" that have been happening between witness and stakeholders, but it's all been behind the scenes. Not an ounce of substantive public outreach or engagement with creators. It's a real shame.

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From what you say about things being done behind the scenes it sounds a lot like the last hf, shame if it is the case. From the limited info I have it sounds as if those making changes want more investment to raise the price(no probs with that) I just don't understand how reducing author payouts and passing it to curators is a game changer. I would have thought there were better ways, preferably without upsetting/targeting a large portion of your own community. I have to agree with another comment you received about steemit.inc selling vast amounts of steem on a regular basis, That's like trying to build a house while selling your bricks...

These Top 20 aren’t fit for the job. They do all the debating in discord channels and in places that aren’t public facing, don’t cite evidence for their claims and don’t conduct any scientific polling to see if what they’re proposing is what users actually want.

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