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RE: HOW TO FIX STEEMIT

in #ethics5 years ago (edited)

Okies, well I disagree that flags can be simply eliminated. They're broken, but nonetheless flags are necessary. I also disagree that a user muting should be able to censor the account they're muting. I also disagree that platforms should undertake advertising. I propose instead individuals being able to advertise (this is actually the case presently, although the broken flagging mechanism prevents it's use) but have to share with the platform, reversing the flow of money and putting individuals in the controlling position.

Social media has proven to be the most profitable business model in the world today. Just not how Steem does it, and that does not mean that centralized platforms are the best possible model. The ninjamine prevents Steem from adopting acceptable mechanisms to society that would grow the social media platform. The Huey Long algorithm would obviate profiteering via stake weighting (that's why it is not in effect) and enable rewards to do their job and virally grow the market for Steem.

I'd end curation rewards completely, along with SBD, and remove all limitations and tweaks to VP (other than that it is reduced by use, or decays) while instituting the Huey Long algorithm. I'd also end the Witness and SPS taxes, and simply enable folks to pay for those things with their upvotes.

That's about it.

Thanks!