RE: My take on Self-voting, Vote-buying and Reward Pool Rape
I don't pretend to know the absolute truth on this matter and I respect the opinion of everyone. I'd love to be convinced either way whether it be for or against.
We're on exactly the same page.
Steem aim at is making the most useful information at the top of Steem. The most useful information is specific to each individual. We don't have the same perspective.
Is this an absolute target, as in on the main page? Or is it a relative and distributed target for each tagged topic?
Those who have the most to lose, the largest investors, must have larger votes.
It seems to me that they already have an appropriately weighted advantage: they have voting power correspondent to their investment - everyone has that same "equal" percentage that we've all agreed is fair.
The task would be to present rational arguments in favor of giving the richer an unfair advantage by making their relative percentage stronger. I think the progressive counterargument would eventually win out, but first we must debate the ideas.
As for the rest of what you said, I have problems following what's being said. I'm not even sure if policing is necessary, but that's a whole other argument that I think is premature at this point.*
Before moving forward I think we clearly need to decide if we're in favor of making the equally distributed percentage based voting power of richer Steemians stronger relative to poorer Steemians - which is what I understand you to say when you say "the largest investors, must have larger votes". Correct me if I've misunderstood.
*See my most recent post for an introduction to why policing is a throwback to centralized authority and not necessary in a positively aligned environment - Steemit would be grass roots at its best if allowed https://steemit.com/steemit/@cryptographic/enlightened-self-interest-and-steemit
Just a random thought here. The old system made it beneficial for people to just upvote the same old people all the time. This doesn't mean they are creating good content. Just that people always upvote them.
I think that the issue is we are upvoting individual, and not content.
So many people are auto upvoted, they could post a PoS, like a literal picture of a PoS and get over $100.
This isn't helping Steem. And I think that people with bot armies, aka, the person I have been posting about lately, would get extreme rewards just because they have 1000s of accounts.
I've shared some more thoughts on the matter in my reply below.