.2. @dan means that you have intrinsic cognitive threshold on making any spending decision. This cognitive cost can be higher than the value of your decision. Thus engegement will be significantly lower. I do think that we should not move in this direction
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It has been addressed in the article, when I say people will think ten times more when they will vote somebody. Also, there will be realignment in the user base, the speculative user base may go, leaving place for people who are looking for contribution.
Engagement comes after adoption, IMHO. You must first have some adoption in order to have somebody to engage with. At this moment, adoption is in much more distress than engagement in Steemit, because of the psychological effect of downvoting (specifically the fact that "your" money may be taken away by a whale). The debate, the drama, etc, all this may create engagement, but if you put money on the table, and as a result of the debate and the drama, people "lose" money, they will stop coming in.