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RE: Is Steemit In An Economic and Social Death Spiral??

in #deathspiral7 years ago

After reading your post and all the comments so far, it's clear that Planet Steem is just like the outside world. Rich getting richer, supports the one who has the same equal status in terms of SP (Not all but most of the whales, yes, they have this mindset), middle class people looking to get some money from rich and we have thieves as well in the form of spammers (Thieves are created, not born). You can't say anything to a rich, otherwise you'll be caught and punished (Flag thingy)
Solution
Equal distribution of wealth among the quality content creators is something I believe can change the ongoing negative side of this community. Whale's SP should be automatically delegated to some quality creators minnows and red fish. Suppose, once you reach at 50,000 SP, 10 or 20% of your SP should be automatically delegated to some other creator(s) for a specific period of time. In this way, the person getting the SP would have more chances to grow in a shorter period of time. We can play with numbers/figures but this is something implementable.

Think of a world where everyone is helping each other, guiding everyone how to grow without having an element of greed. I know it's not gonna happen in the real world and here as well, corporate structure thingy is what we all believe on.

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Rich getting richer, supports the one who has the same equal status in terms of SP

I am not so sure of that. I currently interact with at least 5 individuals, on an almost daily basis, that have far far more steem SP than I do. I am at the 140SP level, and they are all 10,000SP except one who is 5,000sp level, and all of them 2016 members.

Whale's SP should be automatically delegated to some quality creators minnows and red fish.

And who would decide who the Quality Creators are? You? The Whales? The Minnows? The problem with Quality is everyone has a different opinion of it. I found that the best Quality car I ever owned was a Mitsubishi Mirage Coupe**. You must admit, not many people would consider that a quality car, but I certainly did, and hate the fact I had to give it up when moving.

I will always vote against any and all redistribute the wealth schemes. They do not work, and only cause laziness, and sloth.

I am not so sure of that. I currently interact with at least 5 individuals, on an almost daily basis, that have far far more steem SP than I do.

Support doesn't mean only interacting, mentoring and appreciating by upvoting the content also falls under support. If you get them from those accounts, then congratulations. Adding to that, my response that you quoted above doesn't apply on all the rich in the real world and here as well but we have to accept the fact that majority ones are doing for themselves and I have no issues if they do so, they have their own life and they are to decide what to do. I am just quoting the reality and majority of whales would agree that they don't spend time reading other's content on Steemit and again, it's perfectly fine if they don't want to.

And who would decide who the Quality Creators are? You? The Whales? The Minnows? The problem with Quality is everyone has a different opinion of it. I found that the best Quality car I ever owned was a Mitsubishi Mirage Coupe**. You must admit, not many people would consider that a quality car, but I certainly did, and hate the fact I had to give it up when moving.

Not me, you or whales, Steemit Inc itself. If Youtube can monitor and decide what content should be monetized, then I guess this platform has all the resources to start the same. We have an example of @curie, curators find the quality content and @curie upvotes them. Why Steemit Inc can't start the same project? Hiring people like @curie, assign them the top 20 tags we have on Steemit and then they decide which account should be given delegation. Steemit Inc then should have a team of reviewer to finalize the nominations for delegation. I didn't want to mention here but we all know that the owner of Steemit delegated a huge amount of SP to some accounts, what was the logic behind that, I don't know and I don't want to know either! (No personal attack, this is a reality and I have no issues with that)
People like me who regularly use @minnowbooster to get some pennies would be motivated to produce high quality content as they would know that in return, they might get some delegation from Steemit and in return, people would not be using bot services or we will see an incredible decrease on the usage of upvoting bots.


My whole comment sounds like I am frustrated, demotivated and have a negative approach towards this system but that's not the case. I am sharing my own neutral thoughts about Steemit current system and I won't stop posting, commenting or upvoting, I just felt and decided not to set unrealistic expectations here like I would be earning a lot of money here. If I would, that would be superb for me and my family but currently, I have a nice paying job, working on some coding stuff and have some plans to start my own small business. So I'm not concerned with the money part but yes, I want this system to get improved and if it doesn't, again I have no issues :)

If Youtube can monitor and decide what content should be monetized,

I don't youtube, but have heard a lot of complaints that they (youtube) are censoring people's content and de-monetizing people, but like I said, I really have no experience with youtube.

I want this system to get improved and if it doesn't, again I have no issues :)

On that I 100% agree. it is nice, if it becomes a P.O.S, and I do not mean proof of stake, then I will find someplace else, or do like last time take a 10 year social media break. Thank you for your comment, even if we do not see 100% eye to eye, it seems we both want an improvement.

You should read this as well.
https://steemit.com/whales/@stellabelle/money-cannot-replace-integrity-why-i-still-vote-according-to-my-inner-compass-instead-of-max-roi
One of the examples, I have many but don’t want to mention here.

Thank you those were two very interesting post