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RE: Another Day; Another Indecent Proposal

  1. Why not have people compete to build better marketplaces for selling AND listing? If you really love the free market and the game, you should like this proposal, it incentivizes competition in more areas, leading to better and better tools at lower and lower cost.

  2. 3rd parties can start incentivizing listing with their site by offering cashback for sellers, leading to lower costs for sellers, leading to them being able to list for cheaper prices, helping buyers. Net 0 effect on buyers.

  3. this is the only reasonable point and I agree it should be 1% or less to the DAO.

You should take off your conspiracy theory hat and look at this from a more thoughtful and considered point of view.

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Let me first tell you a fact; I am bald. So it not easy to take off my hat in the sun, you see?! :)

You request a thoughtful point of view. I put a lot of thought before I write anything. Regarding conspiracy, I hate them, just ask around and do a bit of research on me, and you will know my general view on conspiracy theories. Best to ask @r0nd0n :) Sorry Ron for the tag.

Ok, with all that taken care of. Let me make something plain. When I wrote this post this morning I didn't think PKM has anything to do with it, but throughout the day, Jarvie and even Asgarth (who rarely talks!) sat on that proposal post in support. You know it is rather odd. So I ask myself, who benefits the most if this passes? Why are PKM folks so vocal about it? And I got my answer. This essentially threatens their competition.

Now I request you, please take your blinders off, and think about it. Get back to me after you think, okay?

I am your friend here, you just don't know it yet.

Well, I am already almost blind, so I don't use blinders, but instead glasses! 😁

I have no interest in guessing who defends what position or why they do it. I am interested in the betterment of the game and ecosystem. I see this proposal as a move in that direction by incentivizing more development in more areas.

You surmise that this threatens PM's competition, but have you considered that it would actually encourage others to compete with PM's listing interface?

I believe more competition is better for everyone. If a 3rd party marketplace is only used by people because it offers cashback, but is in every other way inferior to another 3rd party site, why should they be allowed to earn market fees for little or no work?
Shouldn't they be incentivized to improve and build more and better tools?

 2 years ago (edited) 

two of PKM's competitions publicly said that they do not support the proposal. That is good enough for me.

this is the free market, here the customer decides and the customer has obviously decided that cashback is more important than additional features. so if you think you have to manipulate the market. then please as the market has decided. namely that cashback is more important than additional features. so the proposal should push peakmonster to offer cashback and not the other way around! how can you want to force the more popular market to adopt the model of the worse market. this makes absolutely no sense!

if anything, you would have to take the criterion that is most important to customers, and that is obviously cashback, and push the markets to do it. if you think you have to push the markets to do anything at all. but the proposal even aims to destroy/weaken the most important criterion of customers instead of strengthening it

for me, it's clear that this proposal must come from the competition.