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RE: Open Letter to Bidbot Operators
I get your frustration, I really do... that being said I have no answers, no "solution" sort of speak for the autovote (the giant ones) as you describe.
This comes with the free market aspect of our experiment.
Meno thank you for the lengthy post. This subject has interested me for some time. I think it may be a little unfair to call this a fair market here in steemit.
Let me expand. Just assume if tomorrow the US goverment and all state and local non volutary entities disbanded. How would our freemarket look? Im going to guess it would be the worst period in human history but not for the reason people might. Currently in the real world resources are so concentrated that in this situation everyone would end up far worse than they are now..except of course the owners(who got all the resources through government coercion). Which leads me back to steemit, something like 90% of steem is owned by very few. This is equivalent to an oligarchical system and can not be overcome without significant systemic changes.
Im sure steemit has been good to many people and its certainly a move in the right direction but it still retains many of the qualities we all say we despise.
Won't disagree with that observation, it seems to be the case... however, will it always be the case? is there an opportunity for people to climb?
Fun fact, anyone with more than 500 Steem Power on their wallet is part of the 1% on this platform.
These are valid concerns, very valid... but I'm not convinced they will always be an issue, at least not yet.
Sometimes there are no easy solutions and all we can do is highlight what we see as 'issues'.
I Just think there are many double standards here, dependant upon where we are on the Steemit foodchain!
This is a financially driven environment, not one led by content. When 'success' is measured by financial value and not by true engagement, many of the arguments about what constitutes 'quality' or not become invalidaated.
Let's just all accept that it's all about the money, accept things how they are and move on. At least we will be honest and see the this online community is nothing more than a reflection of 'real' life.
Great writing from you again fella :-)
Oh listen Nathen, you are not incorrect here...
Content does not make Steem go up in price, investment does. The idea is (or at least was) that the content would give Steem its relevance to attract investment.
Since we have not edificed content, great content, we have effectively not brought in the right type of investment. But this is a long war, not a single battle.
We are just in the pits, and take a bullet or two on the shoulder for disagreeing on how to reach solutions, that is all.
I would have to completely disagree with you here. :D
This is a completely content driven economy. Without content there wouldnt be any economy on Steem.
Steem is a reward based economy, meaning you need to have something to reward, that being content.
Economy constitutes of production (content), consumption (of that content) and the supply of money.
Be that content bad, average or amazing, doesnt matter.
We might be talking about the order that we think these dynamics play out. In which case, Its probably accurate.
Users with Great Content brings Investments which in turns produces great rewards for the users.
So its like a little cycle...
How the wheel gets started, that might be our point of disagreement.
But unfortunately Steem reputation is slightly stained due to many things.
All of that affects the investments, and the price.
You forgot the ninja mining... some people can't get over how this whole thing started.
I remember bumping into a post by @inertia back in the day that made a lot of sense to me... and honestly as simple as that, I got over the ninja mine thing.
That was far before my time, so id really need to read up what exactly was happening to understand why people are mad at it.
I only heard you lately mention that.
Well i think the wheel got started because there was a belief that the founders and creators of the idea of Steem would deliver what they promised to.
When it comes to attracting investment, the token that shows it has the ability to fulfill its core goals (and offers value) will do better.
Had Steem completely succeeded at its goal i think we would be looking at a completely different picture in the market cap list.
No.
You were absolutely correct to that point. There was a point you didn't touch on, and that is what ties bidbots to autovotes: people. The purpose of social media isn't to wind up bots and have them spout verbiage and vote for us.
Take the issue back to the principles @meno speaks of. The essential purpose of social media is to engage with people, not their avatars. Trails, selfvotes, bidbots--all automated voting--defeats that purpose and degrades society.
We don't need to give up because there's a problem, and that's what the quote advocates.
I'd like to point out that I believe this problem has solutions that I see being approached with the same effort that is dealing with stake-weighting. Oracles are going to have to be able to certify with some degree of accuracy that an account is a person and not a sock. This not only makes 1a1v possible, but the elimination of votebots.
While curation trails, autovotes, and etc., will still be possible, oracles will also be able to suss out this behaviour, and communities that choose to will be able to disable SMTs from being dropped to accounts that autovote.
It's always darkest before the dawn, and I hope that soon the dawn of SMTs, oracles, and communities potentiate leaping the predatory sharks and lazy asses that feed autovotes off the rewards pool.
While there will be communities that various dedicated profiteers and folks that haven't quite connected the basic social function principle with the harm that automated voting does to society, I expect that the benefits to communities actual social engagement exert will quickly make it obvious that allowing automated voting of any kind degrades communities and weakens society.
Millions of people around the world face the scourge of war, and believe it or not Steemit can do something about that. There are groups and posters that assiduously reveal details they gather through their careful research about Ukraine, Syria and the ME, and many governmental and institutional propaganda campaigns supporting war around the world.
Steemit is trying to do something about these evils, and the qualitative leap in societal power that SOC (SMTs, Oracles, and Communities) enable will reveal new ways Steemit and social media empowered by SOC can impact evils in the world.
That won't happen if we're phoning it in, just automating and letting our bots do the voting.
There's a change coming. It will get better in ways we can't imagine, and power to do good things and stop bad ones from happening is about to increase by orders of magnitude on Steemit with SOC.