You are viewing a single comment's thread from:

RE: No "Author" on Steem is Getting 75% of Rewards. Stop Fooling Yourselves

in #steem6 years ago

The dollar signs at the bottom of our posts are the things screwing a lot of people's head. And then there's a shocking disregard for the art of being realistic. With how hard it is to make it as a content creator that is.

And then math! Most of them can't add numbers to save their lives. You think those popular folks on Trending are aware of the 10% as opposed to the 50% analogy? Your guess is as good as mine.

Sort:  

They're somehow happy to make it possible for others to earn far more money from their work, than they earn from their work. If I bought $100 worth of "rewards", I'm supposed to be incredibly happy if I see a 10% "ROI" (they actually have the nerve to call this an investment). That means 90% of the value created from my labor goes to someone else. I don't even a know a country with a dictator that takes 90% income tax. That 90% can't even exist without the one doing all the work pressing the buttons. If they simply skipped the vote buying, everyone would earn more, even with a 75/25 split. If you take the bidbot Rshares out of the equation, stop them from dipping in the reward pool, all of our votes are then worth more, even the newest minnow. If these people stopped handing over 90% to vote dealers, pulling thousands of meaningless rewards from the pool, daily, we'd probably see our previous post value increase overnight. People here don't get this though. They literally have NO IDEA how this place works.

If you were offered a deal to paint a fence. One contract said you earn $1000 and the other contract said you earn $1000 but 90% of that goes to someone else who did nothing, and the only way this perfect stranger can earn 90% is if you agree, otherwise they get nothing... which contract would you choose? You're going to take the one that says you get $1000. Here, people take the one that says they get $1000, but 90% goes to someone else for doing nothing. Never, in all my years, have I seen such stupidity.