bid bots lead to capital accumulation and a growth of their power, until they eventually take over the entire platform. Them taking over the entire platform will only lead to its destruction
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bid bots lead to capital accumulation and a growth of their power, until they eventually take over the entire platform. Them taking over the entire platform will only lead to its destruction
Makes me wonder how the heck Steemit can't recognize a bot from an actual human. Then again it's like asking Google-YT to find and delete bot accounts...
Then the problem is with Steem not the bots. You don't blame the water if your bucket has a hole in it.
Steemit was always going to go this way it would be impossible for it NOT to. I do think someone else will come along and do it better so they better figure out something.
this is a problem with capitalism, not steem. There is no way to permanently solve this problem, the best we can do is patch up the most destructive holes quickly.
what about selfvoting then?
selfvoting for smaller accounts is better than bidbots for the whole. The capital accumulates within the smaller accounts instead of the larger, giving the platform a (slightly) longer lifespan.