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RE: Why our way of distributing Steem by voting sucks, why it does not scale and how we can improve this situation

in #steem6 years ago

I've long said that the biggest problem on here is nepotism.

People talk about bid bots, but in my opinion they are a small problem.

There are few who got in early.... and those few are only voting for each other and a couple more folks.

I see a lot of great undervalued minnow posts. I see a lot of terrible overvalued posts by people with high rep.. They know folks. They get autovoted.

The system needs to change but we can only change it a little bit at a time.

I've started trying to give out 10% upvotes to comments with my 11,200 SP which amounts to something like $0.05. It might not be much, but I see so many people with high SP that are only giving out $0.01 that it blows my mind. You need to have $0.03 in order to actually get paid out you know.

I don't like the concept of delegation either. When the whales pay themselves all their own money every day they just burn the reward pool and leave it where the votes are essentially worthless for anyone that doesn't have an enormous amount of SP.