The truth is that since bots are here, and are not going to go away, there is not a perfect solution. And everyone is free to use his stake the way he wants. I just think it is kinda weird to view post with potential payouts 1500$ just because of bots. I mean wtf when steem climbs to 10$ these posts will have payouts at 15K. I would love to see a post with such a payout but only because community voted massively and not because some people have money to spend. Anyway it is very controversial... I am totally sure that you’ll use your stake wisely even though you don’t really have to explain yourself to anyone. And that’s because it is non of our business.
PS I like the fact that you also make a discussion through your comment section. It is great and I keep doing the same since the way things are it is the only way to interact with your audience
I agree with you. I have the confidence that when more people join the payouts won't be concentrated in that form, and if they are, we should all start throwing tomatoes at the upvote bots in charge. It is incentives, upvote bots only make money if the price of steem doesn't go to zero. They are sorta of like miners in this sense, instead of producing blocks, there are allocating steem to the people in need. If they fuck this up and just give to crap content, I would assume, and hope, that people would stop using that service. Obviously, the best answer is to manually upvote as much as possible on content you genuinely like. But there are also investors who don't have much time but believe in the project, these people need an outlet for their steem. I guess we could just burn the steem that would have been allocated to that person, instead of it being socialized. Right now, IMO, it is better to give to a trusted party that will use your steem for good, then it simply not use it at all. The reason is that it is socialized allocation, and if you don't use yours, someone else will and that someone may be using it in a way that is a detriment to steem. This is what ultimately made up my mind, but I was on the fence for a while with it, still kinda am TBH.
@dhenz, thank you for deciding to invest in Steem and ultimately also choosing to invest your stake partly with Smartsteem.
I've been really enjoying your positive and honest posts over the last few days as you're covering topics which are rare on Steem.
Now, it's currently 3am for me, my eyes are burning after a day of coding and I've been pondering a bit of time about how I can best answer to your post & comments and I came to the following conclusion:
Supporting and incentivizing investors is an important priority for every business, especially Smartsteem. And making sure that the Steem-ecosystem isn't neglected and quality content & creators being uplifted is important as well.
Obviously, quality is always subjective and it's very difficult to find an absolute way to judge it.
However, even if there is no perfect way, there is always room for improvements.
So I wanted to let you know that the Smartsteem team and I are working very hard on doing exactly that.
And the goal for Smartsteem was never to be a simple votingbot or promotion-service, but to create an ecosystem of its own and to improve Steem.
There are a lot of ideas and passion we have for and towards Steem.
And your support is helping us achieve exactly that!
Again, thank you for investing in Steem, because Steem needs investors like you!
I like what I see so far, keep up the good work.