Selling/buying votes is reward pool rape.
Reward pool rape can be defined by receiving rewards for something other than author/curation rewards.
Ganging up in order to concentrate votes on 'gems' is the same.
Selling/buying votes is reward pool rape.
Reward pool rape can be defined by receiving rewards for something other than author/curation rewards.
Ganging up in order to concentrate votes on 'gems' is the same.
The problem is that SteemIt is an Investment platform, as well as a "Get paid for blogging" platform.
People have thousands/millions invested in the Steem currency, and expect to be able to get a return on their investment while waiting for it to grow.
What would you have them do rather than SELL their votes, while promoting "quality and original" content?
I would ask them to hodl their coins, leave the ecosystem alone, and let us build what is coming.
Their machinations, imo, are killing adoption.
Already only 25% of the sp available to vote does vote, if that was cut in half everybody's vote doubles.
I don't have a source for the numbers, but I'm preety sure if my 2200sp gives .3usd then extrapolation says it takes 22m sp to give a 300usd vote.
How many people got 20,000,000 usd to drop on the platform?
How many of those raping the rewards pool do you think it will take to kill the ecosystem?
I think investments of more than 100mv should be discouraged or Steemit runs the risk of remaining a billionaires boys club that farms the minnows out back in a pond.
Only one - see @grumpycat at 3 million. There are plenty of others
They don't "run the risk" - they ARE a "billionaires boys club".
There are TWO sides to the coin.
This is a very limited point of view. In a system like Steemit, the buying and selling of votes is inevitable. If it wasn't practiced openly, the way it is with the bots, then it would be done in secret, behind closed doors, making it far more difficult to see who is actually abusing. It's just like gun laws in the United States. If you make it illegal to have guns, then only criminals will own them. If you make it against the rules for everyone to leverage their earnings for increased future earnings, then only uncouth individuals who are only out for the money will be doing it. The way the system is, it is unavoidable. The real solution lies in a degree of monitoring from the bots themselves. These people running the bots allowing their votes to be purchased for shit posts and spammy/stolen content is a bigger issue than the buying and selling of votes. It is one of the many trade offs we have to make for the freedom that Steemit gives us. No system is perfect, but this one is at least OURS. It comes down to the content creators. If the bots are used responsibly, which is possible, there wouldn't be a problem. I reiterate, money changes people and greed has a way of showing itself.
Pointing fingers at others while ignoring their own stupidity.
Wow.
:movesawayquietly:
Okay, now that one actually made me chuckle. I retract what I was saying about your comments @freebornangel. LOL. I forgot how unintelligent the responses from this guy are. Your link shows that you at least put some thought into your comments.
What dude, you didn't get enough of my flags last time you wanted to be a troll? Insults directed at me will be downvoted...
Rofl