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RE: Shaved Whale Balls and MEGA CIRCLE JERKS- The economics of HF 19; a witness update.

in #hf198 years ago

Really great post @aggroed! I would like to be a whale to make a critcs without any kind of consecuences but..

About the hardfork

Before and after the hardfork steemit is still a game among the whales, minnows play no role within this community more than bear the price of steem with our presence. One does not count but a community of thousands guarantee the profits of that 1%. At best, according to the estimates I have made, the maximum aspirations of a minnow is 0.2 SBD per day ... the sad thing is that for some of us that amount is still worth the daily effort, but that is not the case for the vast majority of users in steemit.

My question is: will the hardfork stimulate the creation of communities and groups within steemit? With the new voting rules and the amount of voting power that we are going to count on from now on, will minnows have to group together to maximize the efficiency of each of our votes? Because according to I understand there will be fewer publications earning money, and the amounts of money they earn will be much larger, but the curation rewards will be basically for whales who voted for that publication. The minnows will receive more percentage by curing publications that do not earn almost money.

Probably as a strategy to attract new users the hardfork may come to work. Articles that make thousands of dollars may return, which will ignite the flame of hope in many people, believing that we will all have that same opportunity. Of course followed by the dose of reality because we know that only a few will receive that magic touch of the whales.

BTFD

Too bad I read this post after having invested my savings (it's 60 dollars my fortune) at this time to acquire steem power. Had to wait for BTFD !.

Best regards,

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Will see. No answers. Only speculation.