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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."

I kinda agree with this. It's like a poor country always changing their tax policy. You won't see any foreign investments there if there is no consistency.

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The country analogy isn't so suitable considering that most countries aren't 2 years old like Steem is, nor are they software. A better analogy would be something like a windows operating system in its initial stages, trying to iron out all the bugs before attempting to present it to a broader market for investment (profit) potential.

Steem is still trying to find itself; hence, the "beta" tag right under the Steemit logo. This is the "early adopter", if not "angel investing", period of this software, which means, whether we realize it or not, that we're really investing in the Steem witnesses and their competency (or lack thereof) to put forward an attractive product in the future.