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RE: Pros and cons of two versions of Steem Proposal System

in #blocktrades • 6 years ago (edited)

If the system were to rely on donations exclusively, the rate at which proposals could be funded would be complete unknown

The rate will still be unknown given the fluctuating (sometimes extremely so) Steem price. Maybe somewhat less unknown than with donations, but in some cases it could even be more so (donators might contribute more, in STEEM units, to pay for important work if needed to make up for a falling Steem price)

I still don't think donations alone are a good approach.

6 years ago in #blocktrades by
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     6 years ago  

    Agreed, and I meant to imply only STEEM values (not Fiat values) throughout my entire post.

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     6 years ago  

    I agree.

    but in some cases it could even be more so (donators might contribute more in STEEM units, to pay for important work if needed to make up for a falling Steem price)

    LOL. i doubt they would.. lol. Automation is the way to go.

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