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RE: Hard Fork 21: A Case For the 50/50 Curation Reward Model

in #steem6 years ago

Let's get one thing straight: Everyone (I repeat) EVERYONE who contributes here is an investor of some sort.

Do you see up-votes on your posts by any whales on a regular basis? I can't say that I do any more. So what does that mean?

It means that I don't rely on whale votes. I'm here and earning my little bit from the little fish like myself. Does it make any difference at all if all the whales leave? I really don't know! I expect the price of Steem to drop as they pull out, but eventually it will return to something stable from the value of all the OTHER investors besides the whales. Those doing statistics have already shown that the middle class is growing and whales are becoming less relevant as far as SP goes.

Will a 50/50 split hurt me? I don't know that either. I cast votes and I receive votes, so one may balance out the other.

Do I think changing to a 50/50 split will solve Steem's problems? Not at all. The goal-posts will have been moved, but the rules of the game are still pretty much the same and those who game the system will continue to do so; they will just find new ways to do it. What it will do is to disrupt all the calculations of programs like SBI and other less-known programs. MANY people have invested into these programs (note the word, 'invested') and could end up being badly hurt by the change. HOW MANY PEOPLE need to be badly hurt before they stop messing with the rewards system? What will the whales do if everyone else pulls out because they keep getting hurt here? Do you think Steem will survive with just whales attempting to outwit each other to grab the biggest piece of the pie?

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+100. man. your deduction is so clear. @happyme

Thanks.
As far as I can tell, Steem NEEDS the small investors as much as it needs the big ones; perhaps even more. Can you imagine what Steem would be like with just a dozen people making content?

Let's get one thing straight: Everyone (I repeat) EVERYONE who contributes here is an investor of some sort.

Love that comment. Very well said @happyme

I completely agree with @happyme, in any community it is necessary the participation of all, large, medium and small, but we must think about helping the youngest ones grow, if they grow, we all grow and we have the satisfaction of contributing and build a better future for everyone.