I've said to anyone that will listen that the biggest problem with Steem since I've gotten here is the distribution. I used to be really mad at Dan and Ned for letting such a shitty coin start happen that totally screwed the distribution. Then I read more about why they did it and realized it had more to do with ICO laws and designing the release to not be a security. The distribution still sucks, but I'm not as mad about it.
Steemit is divesting about 14.4M steem per year. The distribution will change over time. This is also one of the reasons I favor a higher inflation level. We're not going to kill the whales, but we can inflate the platform some and provide higher benefits to active posters. I don't think there's a ton of support for that without better curation under linear rewards, which will take a hardfork and separate downvoting pool. We'll see.
It seems that I have to study 'ICO laws' on the weekend! :-)
Good to see you in my blog, I still feel guilty for not being part of the Steem Queens panel.
Don't you believe that there's a way of providing an incentive for investments that's not directly related with the rewards distribution? What if we found a way to make curation more attractive than self-voting?
What we definitely don't want is to keep away those who're willing to invest. Still why does influence needs to be pegged to financial possibility in a free, decentralized, open-minded network?
We celebrate providing countries like Venezuela with a new way of securing their assets, but at the same time we don't recognize the opinion of a Venezuelan in our network as long as he doesn't power up a decent amount of money. That's a bit over the top, but you know what I mean..
Is there even a chance to align those interests?
Could you forget this "money-part" for this time? She is talking more about community. Money is a great connector. But when it's the only one, people begin to work against each other. Community isn't about money. Everybody's wealth is about community. Edit: Sorry I guess I am too aroused at the moment and got you wrong maybe.
Aligning social integrity and financial interest is definitely one of the greatest challenges in this network, you touched an important and sensitive point here. Using money for good is something we haven't learned so far, but Steem provides a chance to do that now. I don't see anything negative about wanting to earn, as long as we don't sell our own ideology for money :-)
:-)