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RE: Fixing a Problem in the Economics of Steemit

in #steemit8 years ago

I tend to agree, the compounding rewards are sort of over beneficial to holding and detrimental to spending. I get that this is the idea, but the fact remains you will still have holders and spenders. Thus spending is currently inappropriately impacting the value in relation to the benefits received from holding. I feel that streamlining the sources of income and channels for spending would ultimately benefit the system. Changes to the voting curve are likely to be a joke in the long run because I'm not stupid enough to believe that people with millions of steem haven't already created thousands of "bot voting" accounts to boost curation rewards and balance out just the same as before the curve or close enough to it. Who knows what will happen, but I think some restructuring is probably in the best interest of everyone using the platform.

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ya I think the 15% not being put to good use here is probably the least controversial part of the post
how it's used might be more controversial
hopefully we can all agree on something