RE: The Hypocrisy of Supporting @BernieSanders But Yet Fighting @Haejin
Yeah I agree with u on all points. People should certainly use both Fundamental and Technical Analysis, rather than just one or the other.
In terms of them destroying the platform, they definitely are, but I think as you said it ultimately comes down to the system being flawed and so if they didn't destroy it someone else would have. A cap on rewards would be awesome, so that steemit actually has some sort of difference to regular society. In regular society we have a small amount of people with all the rewards, and on here we have that too, I don't understand what steemit tried to achieve honestly if it wasn't fairer distribution of wealth/earnings.
Maybe one objective was a more general-public controlled environment, but I think this just proved that having some form of government/centralized control is necessary, just when government goes crazy and regulates and puts rules on absolutely everything that it's a really bad thing.
Yeah I agree. I think any system were people govern themselves will always be susceptible to scam artists because there is no real authority to put them in their place.
I just feel this platform put very little thought in at least making it difficult and time consuming for people to be able to abuse it. It takes now work at all, just somewhat deep pockets to get the ball rolling, make some whale friends and start one massive circle jerk.
If haejin just received money from the minnows that are actually reading his content (even though i think it is okay TA at best) and was getting $10-50 a post I wouldn't have a problem. It is when starjuno, Ranchorelaxo and the rest of the gang instantly vote his 20 minute video, knowing damn well they haven't seen the content and they just have a scam going.
At least if there was some sort of tiered reward system, where it got exponentially more difficult to receive rewards beyond say $10, then $25, then $50, etc. And then no vote can be worth more than say 10% of the current total. Then you have him with his $15 minnow votes, then his whale friends come along and can only add $1.50.
It just makes zero sense for these posts to be worth $300. Meanwhile you have people providing solid information on everything from setting up a masternode, a good recipe, travel blogs. And to top it off these people continue to respond to replies and engage in discussions. What do they get $1.50