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RE: Let’s talk investors: The fly on the wall... of the padded cell of Steemit

in #steem8 years ago (edited)

Agree with this proposal mostly.

I’m not sure whether an exclusive share of the existing SP interest will be enticing enough. If it isn’t I’d also consider reducing the author/ curation reward for 75% to 50% in order to fund additional interest for SP over 250MV.
To my mind, there is no point in authors/ curators getting 75% of the pie, if the pie is constantly depleting because no investor is willing to get involved and buy STEEM.

This is a very good point which I also made in this thread.

https://steemit.com/steem/@snowflake/steem-inflation-a-tool-to-create-demand

In your proposal would whales be able to downvote or not? I know you prefer to call investor class instead of moderator which is fair enough, but somehow I think its important that 'investors class users' are able to use their downvotes in case some users abuse the system, what is your take on this?

Overall I think this is the direction steem should take

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I like the idea of a Flag Review Council, so I'd implement something like that.

I think delegating downvoting to a Council elected by STEEM holders would be a step forward. On a platform like STEEM the role of Moderators (elected or otherwise) is as critical as that of Witnesses IMO.

I'd like to see downvoting limited to penalise things like plagiarism, where there is uniform consensus that it is detrimental to the platform. I think allowing downvoting to be the plaything for large STEEM holders, is proving unnecessarily problematic.