a creator could make some damn good money even with a 10% cut
Exactly. People are far too fixated on percentages rather than amounts. Percentages don't matter one bit when Steem is FUBAR, the user base is continuing to erode under the current rules, and the price is crashing. See how people would like getting a high percentage when STEEM is worth $0.01 instead of something like 40c. 75% of what?!
1% of something is worth far more than 99% of nothing.
It's the inflation(rewards) under the current rules that erodes the userbase and price .
Moving inflation towards the SPS to create value is the way forward for the steem blockchain.
I hope in the future we will follow through, shaving more and more inflation from all related steem blockchain components, we should focus on value growth.
Let SMT's and all kind of products and services use inflation on their token.
Yes Steemit Inc, included... we need competition.
Yes more and more people have brought up that rewards can be paid in tokens associated with specific communities and apps (including steemit.com if they want one) to reward their users, leaving Steem itself as a very solid and efficient blockchain with low inflation and better prospects for not inflating itself right down the drain.
I don't think we are quite there yet, but I don't want to wait until it is too late either.
IMO some people don't understand how the market has changed and there are numerous alternative models now with low/no inflation or even deflation (token burn economics) competing for investor attention. Steem's high inflation model is looking a bit obsolete.
Exactly, happy to see you are still around and caring.