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RE: Revamping Curation Is The Way To Increase Steem Power Demand

in #steemit8 years ago

We agree on the end results, not on how we get there. And I am 100% positive that you get this one wrong. The problem is the money in the Steem system do not grow on trees. For the money to come there should be solid logical financial reason to purchase steem (and power up). There is zero reason to do this right now. more detailed explanation here. Demand for steem from curators will do 2 things - increase the price of Steem (and so the author rewards) and diversify the curation in the hands of thousands of people (as oppose to the current 100 or so whales. Whales qualified to do curation mainly by being at the right time at the write place and or being software developers ...)
And no there is no need for the writers buy steem and power up. Their are what you yourself described them - hired help wanting their $X per word/article for their talent and effort. Actually the current system trying to make them long term 'investors' in the system by paying them half of their pay in steem power is quite ridiculous in itself. (paying them all they earn in SD is a way to effectively double their pay).
So to sum it up - writers will get as much as possible, but that depends on the money coming in the system. The pure desire "They should be paid more" is not gonna increase their pay.

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Your comment about paying authors in SBD (or at least liquid STEEM given the new limits being added for SBD stability) and not trying to force them to be investors makes a lot of sense to me. Is there any reason to think, in general, that a writer wants to be an investor? That a writer makes a good curator? I think the answer to both is no. There is probably not a good justification.

If they want to invest - in order to curate or otherwise, this should be their voluntary choice. As it is now, they are forced to become "invested"/investors for 2 years with 50% of their pay/author reward earned in the Steem system.

I would be completely onboard with an author cut down if that change would happen for sure. You both have pretty much said what I personally as a writer am thinking. I don't really want to invest or curate, I enjoy the writing process, but I won't lie and say I do it for pure fun with no profit in mind.

I would be interested in what @dan and @ned would think of giving the authors pure SBD instead of the split. I imagine they want the split for steem stability and longevity forcibly though.