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RE: The ability to speak freely, not earn freely

in LeoFinance5 years ago

I think you still don't get it.

Downvoting doesn't actually return it to the pool, it just removes the portion that is going to a particular place and that is important. At one point, haejin was taking 6% of the entire pool, which is massive. Bidbits had 40% of the staked power and distributed to less than 2% of active users on what was mostly shite.So yeah, the negotiation through downvotes are important.

Down votes don't make the rich richer, they give the power to reallocate to those who could be more deserving, by removing from those who aren't. What is deserving or not is up to the staked users who can use their stake to negotiate for 7 days what that might be.

I feel like we are going around in circles.

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At one point, haejin was taking 6% of the entire pool

At one point, haejin was controling 6% of the steem-power. Isn't that their right?

Doesn't their purchase of steem indirectly benefit everyone holding steem?

no, he wasn't. 6% of the stake would be 12 million.

And, his stake wasn't earned, it was paid for (I suspect) and then used to drain the pool 10x a day. No one downvoted at the time because it was deemed too expensive, and the bidbots had a lot to lose if the did.

Isn't all stake "paid for"?

How were they draining 6% of the pool without a 6% stake?

With their upvotes? or by some other mechanism?

people were front running for curation rewards.

Can't they still do this?

Why not just flatten the rewards (remove the timing bonus from upvotes)?

Or better yet, incentivize voting for the newbz?

Why not just flatten the rewards (remove the timing bonus from upvotes)?

To encourage large voters to vote at 0 minutes on themselves like they were?

Or better yet, incentivize voting for the newbz?

To feed alt accounts, like some people do?

To encourage large voters to vote at 0 minutes on themselves like they were?

How would removing all timing bonuses "encourage" anyone to vote at 0 minutes?

To feed alt accounts, like some people do?

Perhaps there could be some criteria, like a Voight-Kampff test for the accounts to try and mitigate the sock-puppet "problem"?

Not a "captcha" or a "10 posts + 10 comments" or anything that crude.

Perhaps there's already some "good steemian citizen" list somewhere?

Click to watch 3 minutes,

Bidbits had 40% of the staked power and distributed to less than 2% of active users on what was mostly shite.

Bid-bots controlled 40% of steem-power and distributed it as they saw fit.

In exactly the same way that ANYONE can purchase banner ads on steemit, regardless of "quality".

And now the evil bid-bots just randomly upvote the top-earners, is that MORE than 2%?

Does any of this HELP the newb accounts?

Bid-bots controlled 40% of steem-power and distributed it as they saw fit.

No, distributed as a creator saw fit. The bidbots were indifferent, just went where they were called.

And now the evil bid-bots just randomly upvote the top-earners, is that MORE than 2%?

about 80% of the reward Steem goes to 20% of the active accounts. Pareto in play.

Does any of this HELP the newb accounts?

Yes, people with Staked Steem do. Do you? Stop voting my comments, draw back your delegations and go and vote on small accounts who you think deserve it.

No, distributed as a creator saw fit. The bidbots were indifferent, just went where they were called.

Just like banner ads.

Do you? Stop voting my comments, draw back your delegations and go and vote on small accounts who you think deserve it.

My below minimum upvotes already go straight into your precious magical rewards pool (so I'm not sure what you're complaining about), And I'm DELEGATING to small accounts because that's a much better show of support than this ridiculous "public-pool-tip-jar" notion.

about 80% of the reward Steem goes to 20% of the active accounts. Pareto in play.

That sounds promising, do you have any data?

Down votes don't make the rich richer,

Please explain how downvotes help the small fish raking in less than 20 steem pending payouts?

...they give the power to reallocate to those who could be more deserving,

Please explain exactly how you distinguish "more deserving" from "top-earners"?

I don't really want to go into it again, but where votes go matters. Downvotes too.

You seem to focus on the larger accounts, take a look around. 20% of the active accounts on Steem take 80% of the Steem from the pool. But, those 20% aren't the largest accounts on Steem, but the largest accounts help support them. But, many of those accounts are growing and they are spreading out further - earning on and supporting niche content on tribes and in the platform. I have been here a long time, I have seen many people benefit from the goodwill of others, even at times where those others could have raped the system like some did.

You focus on whatever you think is important, it doesn't mean it is important to anyone else - or necessary.

My "focus" is on trying to keep the vigilantes from running off all the newbz.

The more people we can convince, "steem is a fair system", the more people will BUY IN.