Well, I for one do self-voting from time to time, especially nowadays as $HIVE is so low, I won't earn my time's worth otherwise.
The downside of self-voting, is that a vote you put towards yourself is one not given to other people in the community. Meaning people will have less and less reason to use the platform, which can reduce the utility of the coin.
A small user self-voting might not change much, but when whales self vote, it can result to a huge percentage of the rewards' pool going to the same people. Now imagine if they were the type to also drain the ecosystem by only selling their rewards as soon as they get them... It's not pretty...
https://inleo.io/threads/view/ronnie10/re-leothreads-389xf8zse
Fair point. Self-voting in moderation is fine, especially when prices are low — but when whales abuse it and dump rewards, it hurts the entire ecosystem. Balance is key.
👍 🙏