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RE: On the Eve of Hardfork 19, a Look at "Making Money" vs. "Earning Rewards" on Steemit

in #steemit8 years ago

The effect on new folks is definitely a good thing. It's interesting that in the original Steemit white paper, the notion of tipping was seen as having too high a cognitive overhead, so that people distribute their funds less. But now we have a voting percentage bar, where we don't even know the exact amount at any specific time. But experimentation is one of the interesting things about Steemit, and a good thing.

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The post HF19 environment definitely invites us to become good at "resource management," as far as using our voting power goes... and yes, experimentation is important there.

Of course, newcomers don't get a slider till they have... what? 500SP? So they may run out of gas pretty fast, unless they understand that their ability to upvote is limited...

Some of the other apps have a slider right away. But newcomers probably won't know about those apps, either. I can see the newcomer mob mentality working on the trending page - big time. But as people understand Steemit better, I'd hope for more balanced outcomes. I hope it doesn't make us all more stingy with our votes, however we distribute them.