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RE: What is it about STEEM that its tanking so hard? // An open letter to STEEMIT.INC
And the large stakeholders who had/have the most to lose watched all this happen and did not try to take out the garbage or reward the good servers and the hosts.
They staked and burnt coins and continue to ignore those who were and are trying to build engagement, hold stake, and attempt to do the cleaning.
We all played a role in where we are today, it seems that talking about went wrong is still a greater priority than fixing it.
This i think is a good point Smooth made though its made in another context then what i will say.. Imo, there has been too much focus on talking about engagement and rewarding quality creators/contributors (even if that hasnt been realized to a great degree) in comparison to the focus we have on external presence of steem in the crypto ecosystem.
Everything else equal, a nation with 2 million people is twice as rich as the nation with 1 million.
We have the tools we need but we lack any kind of leadership. It doesnt need to be a single guy, it can be many but those many act like kindergarten teachers.
I really hoped that community leaders would learn a lesson from the Netcoins, "call to action" hype.. What clearer example at what can be done do you need?
But no, ship is taking in water and they are playing kindergarten games.
I dont have to power to do anything and after this, even if i tried id be shot down, but maybe this post rattles some feathers and those "leaders" start moving their butts.
You are not alone thinking like that. I've met many people sharing your way of seeing things. I haven't lost hope, perhaps you'll hang on tight too and at some point we'll come up with a solution.
Oh if Steem goes down im going down with the ship. No doubt about it. 50 feet under water ill be holding my breath and waving my bucket around as if im throwing out the water.
Still. Id rather it not come to that. 😉
There is only one 'large' stakeholder that matters here.
People with 1/2%-3% are not really large stakeholders and they certainly have little say in how development happens (believe me, we have tried).
Your points about rewarding engagement and such are focusing on the social layer which can help things to some extent but has desperately needed improvements for years but has been ignored in favor of long term initiatives that have largely been a bust and probably a huge waste of money (though I'm not privy to the spending records).
There is no substitute for effective development when you start with a system that was barely a proof of concept at launch. The first several months saw a good deal of continuous improvement but after that things went badly awry.
Okay, your points are valid. I just can't see continuing to depend on what has proven to be undependable.
When there is still only one large stakeholder there isn't a choice. Other than a community fork to redistribute stake, and that's a big can of worms.
Like it or not when you hitched your wagon to Steem, you hitched it to Steemit too. Let's hope they can get their shit together, because such hope or just writing it off as a loss are the plausible alternatives at this point. My comments are meant as constructive tough love. I think they are that too.
You've always been blunt and honest and hence someone who's opinion I value.
Which is why I am disappointed to hear you say this, because you are likely right.
Being blunt and honest doesn't necessarily make me correct. I could be completely wrong, though I don't think so.
I've been somewhat of a skeptic but have also kept an open mind on things and sometimes defended Steemit Inc against what I saw as unfair or incorrect criticisms. However, after enough experience, one can start to reach some stronger conclusions and this case they are not favorable ones. I do hope that they make some big changes. If not then the time will likely come when those who, despite further failures and disappointment, continue to support Steem as a blockchain (of which I may or may not be one) will need to consider a strategy for a post-Steemit Steem.
Stronger conclusions based on experiencing further failures and disappointment. I can relate with those words. I tried to envision a post-steemit-steem blockchain. It's non-existent.
Constructive tough love, when directed at the insecure and those with a fragile ego, is only ever seen as personal attacks....unfortunately..