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RE: Majority of top 20 witnesses not in favour of changing the reward curve.

in #exyle6 years ago (edited)

Changing the economics could potentially do more harm than good and derail projects that have based their current business model around these economics.

how do you know? How do you know if it's not even done yet?
imho, we'll never know unless we try

I understand that you are against this having so much invested SP here
I do understand that cause which investor would not want to see ROI with their invested SP but what if in doing otherwise, we could get more investor who are encouraged to invest no matter how small cause there's justice in "rewards" here

and you know what more investors mean
in order to have more investors they will have to buy Steem
more buys in the market means - rise in Steem price

but with the current reward system it's obviously the opposite
that's the bitter truth that is happening now

you know why? we look like an MLM like a pyramid
the ones with bigger SP gets on top and that's guaranteed

anyone with a big SP could post non sense, no value post, annoying blurry pictures with so much nonsense no one can even learn something from or get value and just upvote himself 100% and he'd make trending
when his vote farmer friends join him, that's more guarantee

this is the sad truth about it and some witnesses do this, too
aren't they supposed to be models in this community?
imho, they should be cause the world is watching and the world may have a different standard or even the same with the many of us here

AND WE WANT THE WORLD TO INVEST CAUSE THINK LONG TERM!
We want the Steem price to rise

to continue..
the ones with little SP has no chance to rise even with high quality posts without the help of curators like OCD, curie and bid bots
that's a reality that is being seen outside thanks for the bidbots' comments

It has to change
and if you and the other witnesses would also try to think for the many
not just your own wallets
perhaps we could come up with an agreement to give it a try
say - in a period of 6 months
and then if it doesnt work
you can all do your Forking magic anyway you always do it

Can we just not take things into consideration by having options and not just give out a - black and white YES OR NO

I didn't upvote this post just so you know it's cause I don't agree with the many of you's decision and it's sad that there's no other options

Did you all notice that the many are powering down?
Do you all think this is going to do the economy any good?

But you probably won't even bother to reply nor answer my questions
I notice that you never did reply to anchovy accounts
and I think for a witness that's unbecoming
please don't take this as an attack it's an honest reply
nothing personal

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You say you think long term but with what you are saying you are thinking short term.

It's not good NOW so it's need to change NOW. While it's clear that content creators will be rewarded just fine when SMT's come out.

Investors --> STEEM ---> Projects ----> SMT's ----> Content Creators.

One token is not enough to cater everyone right now. But it's doing the best it can with a linear curve.

Waiting for SMT's is the way to go.