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I did not think or claim that you are about to change the rules of STEEM acquisition.
There will be an additional currency that instead of merritocracy will be managed by democracy.
Am I wrong?

Individualized Rewards Pools can in theory be very much more of a meritocracy than STEEM’s.

If I knew what "Individualized Rewards Pools" is, I might have agreed with this sentence.

Ha, threw me for a loop and had to pick myself up off the floor to make this comment!

i like you @ned, but the fact that you have a whitelist run by steemit inc is troubling. you're incentivizing certain behaviors as you see fit. that's not wisdom of the crowd.

you suggested an idea that GPT can be used as a metric for posts to reach front/top pages. this means you have a centralized system where the rules are defined by steemit inc.

this is not about a diverse range of SMTs. it's about one dominant SMT which is GPT.

Wisdom of the crowd comes from voting by individuals and the super linear curve.

There will be many SMTs

This one is hypothetical.

I could have included several individuality whitelist oracles who compete to publish the most accurate pre Consensus whitelists.

Trending sorting is already centralized as well. Interfaces are run by central operators. The operator chooses how to display trending, etc.

thanks again for replying. yes trending is centralized. steemit could use more people creating many types of other interfaces. but people are already kinda doing it. i like steem. i wish you the best.

btw all my questions are based on a bunch of guesses because obviously i don't have access to details on oracles, whitelists, gpt, and other possible smts.
but oracles competing each other sounds pretty cool. i think i'll shut up now.

I do get this @ned.
And I am for example, a "individual whitelist Oracle, that publishes my own white list". I could share it, as an SMT creator/issuer.

"Whitelist" is also a loaded term. Whitelist includes a hidden blacklist, for example. We don't have to talk about a "blacklist" because the "whitelist" already has been run past a "secret blacklist" that we DON"T TALK ABOUT ;-) (!)

And in fact, "What we don't talk about" is really the most interesting stuff, but it's not politically correct or acceptable often times..
I have many people on STEEM that help me "think about things" and often times, they are not willing to publish on a given subject I proffer...

The "Wisdom of the crowd" has been lost when so many bots "run" the rewards pool. If Steemit would re-tool to make STEEM a more equitable reward (like the theoretical GPT) things would get better much faster and great content creating minnows would not remain minnows forever. We don't need another token, we need a fix for Steemit!

I hope Haejin is not considered a good boy because that mother fucker has been a very BAD BOY on STEEMIT!!!

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