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RE: How do we prevent market failure caused by over delegation of Steem Power to bid-bots?

in #steem6 years ago

Well don't know what's gonna happen in future but steemit might die slowly due to over use of it for sure

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That is a possible outcome. I think people are going to see the decline as it is becoming very obvious.

It is so strange that so many whales are more interested in accumulating Steem through payments from delegating to bots than trying to increase the value of Steem by promoting the best content. It is like a businessman more interested in gaining shares in his own company than improving operations.