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RE: Why witnesses earn far too much money by @shla-rafia. Explained based on a quote made by witness @klye

in #witnesses7 years ago

Exactly what Tim just said. Even witnesses not in the top 100 have to work their asses off. It's full time responsibilities, always on call. I've got email notifications when a service my team offers stops working, I plan algorithms to help others' projects while waiting on appointments, ordering food, whatever that grants me a minute to sit down and think. I'm in the 120s. It's not easy and it shouldn't be easy to get votes. A good portion of witnesses who got up there aren't the original insiders and legitimately deserve what they achieved. If it wasn't for witnesses there'd be no third-party services, there'd be no projects, there'd be no communities, etc.

Further, without the prospect of rewards there'd be no way to attract high talent. For the @guiltyparties witness with its 120something rank there is a solid, highly educated, professional team with a project manager, a blockchain developer, and entrepreneurs. We started this to build on the STEEM blockchain. There are other witnesses out there who are witnesses for a living. While they receive rewards, the amount of effort and time they dedicate to it equates to what they would make in a full time job. Pretty much anyone who runs a witness successfully has the skills to get a high-paying job in the IT sector. Those who don't can't even get set up.

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