RE: Locking stake for 100% passive income, improving content, helping apps
And people like to compare what their posts make to others, when we take out 500 dollar promoted posts, mainstream users won't feel so bad when theirs make only few dollars. Platforms like these have to give a lot of thought to the human psychology. These days hundreds of thousands are spent by apps to scan brains in search for the best colors to be used in apps and such.
The current system sells the idea, that quality doesn't matter pretty hard to normal users we actually want to attract here.
Fyrstikken is user from another end of spectrum, he seems to be happy gaining "cheap tokens" as much as he can, wondering why everyone else isn't quite as happy as he. I wonder what he will do with them all when no real users are left here when they'll choose not to spent their time here viewing ads and feeling bad when some posts make 500 dollars and so on.
When we all will be using our SP through bid bots, what there'll be left? Everyone will log in to claim their gained rewards and sell them for other coins, because SP acts only as a passive way to gain wealth, nothing more. No posts will be curated, no comments made. It's a grim outlook I wish I wouldn't have and currently markets seem to share my view more than the positive one.
But with only few small changes, who knows, Steem could be proof-of-brain blockchain once again. Your post at least has stirred up discussion, and discussion is always good.
Fyrstikken runs a bid bot, don't take his word about alleged aquirations.
I know he does, I also know him from times before Steem. If he's reading this, remember dogecoin?
So I can say, that some individuals here, with big stakes put profits far ahead of any morale and as long as incentives are what they are, they'll continue profiting from it and move on when better opportunities rise, only being sorry for not making more money.
That's why the rules should direct the greediest to act in a way that's beneficial to us all. Now the best route is selling votes and messing up the content discovery, making this platform inefficient and not attractive to mainstream users.
I've been using bidbots to sell my votes for some time now, I see why they are popular, and this whole thing could be replicated with the idea Tarazkp is presenting here while still making the normal users happy, those who actually want to use Steem as a platform to find good content and socialize, and this should be considered and discussed at length until we have better understanding of the pros and cons.
I don't know you but I love you!
Yep, it's an ideal that actually made me get into Steem, but now after seeing bidbots and circles take over, I have yet again been reminded of the harshness of the reality we live in. Yet I hang on. But if SMT's fail to fulfill the original vision I had for this technology, I'll be long gone. Sad to see good technology be wasted like this. But someone will get it right eventually.
I completely agree. Tempering expectations and user retention is one of my main targets with this.
I am pretty sure that just like the fact that if everyone used bidbots the system would fail (not everyone does), not everyone will lock stake. I don't think I would at least.
Yes, there would still be people who would want to use Steem as intended, to reward good content and doing so encourage these creators to keep coming back with more of their creations, attracting more people here. It's a positive loop that we should encourage more.
I'm not sure if some people are playing some game theory strategy here, where they try to maximize their stake before inflation lowers down with all means possible. With the money some people are making here, I'm seeing surprisingly low amount of advertisement of Steem by them outside this small ecosystem. It is quite surprising. Or are they just shamed to mention it because of the way the ecosystem currently works?
(Quality doesn't matter much). Any day competitor could pop up, which has taken lessons from Steem and has fixed the issue of content discovery.
I know that I'd like to keep some voting power for myself to keep rewarding original, and interesting content like this:
and in my mind, the best route to ensure Steem is still a worthy platform to interact in ten years, is to make sure these people get rewarded here.
#metoo