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RE: Steemit and the Replacement of Substance for Currency
I agree that the monetary value can be a distraction to the quality of a post but it not just Steemit, it's the society as a whole. Look at movies. There was a time when movies where judge on how good they are. Now it's about the Weekend Box office. If it made a lot of money it must be good, if it didn't then it sucks.
Steemit doesn't make people great curators but It does give those authors who's work that would not make any money a chance at some return on their time and effort. Is it fair, of course not, nothing is. But it does give opportunity for people who wouldn't have none.
I agree with you and don't think the issue is relegated to just steem because even reddit that dosen't have an actual monetary reward sort of suffers from similar problems within the idea of capital but I don't think that means there aren't matters of design that enhance or detract from these mechanisms that could be more elegantly thought through. In the past few years I've just become more interested in Behavior Economics which kind of looks at how the user interfaces with different types of questions when making decisions.