If by 'insider' you mean Steemit Inc employee(s), they could attempt to enrich themselves in much more lucrative ways, but ultimately just about any attempt would cost them more than they've earned. Economically, it does not make sense for it to be an "inside job."
I guess that makes sense, but the same could be said for any business? Im not implying anything really, im just a natural conspiracy realist is all. lol
now, after a few weeks ive discovered there is quite a bit of fraud going on... this person opines the same- human greed is all the reason one needs, when asking why would someone risk money and reputation to cheat and scam?
i also feel that the more complicated a system is to know or learn, or how opaque a rewards system is, in this case algorithms, it opens itself up to abuse.
now, after a few weeks ive discovered there is quite a bit of fraud going on... this person opines the same- human greed is all the reason one needs, when asking why would someone risk money and reputation to cheat and scam?
If by 'insider' you mean Steemit Inc employee(s), they could attempt to enrich themselves in much more lucrative ways, but ultimately just about any attempt would cost them more than they've earned. Economically, it does not make sense for it to be an "inside job."
I guess that makes sense, but the same could be said for any business? Im not implying anything really, im just a natural conspiracy realist is all. lol
now, after a few weeks ive discovered there is quite a bit of fraud going on... this person opines the same- human greed is all the reason one needs, when asking why would someone risk money and reputation to cheat and scam?
i also feel that the more complicated a system is to know or learn, or how opaque a rewards system is, in this case algorithms, it opens itself up to abuse.
https://steemit.com/steemit/@equ1l1br1um/dmania-owner-zombee-is-abusing-steemit-delegation-with-multiple-accounts-stealing-users-chances-of-getting-rewards-and-censors
Take care in presuming everyone is as good at math and game theory as you, even if they are gifted in other, even related, areas.
now, after a few weeks ive discovered there is quite a bit of fraud going on... this person opines the same- human greed is all the reason one needs, when asking why would someone risk money and reputation to cheat and scam?
https://steemit.com/steemit/@equ1l1br1um/dmania-owner-zombee-is-abusing-steemit-delegation-with-multiple-accounts-stealing-users-chances-of-getting-rewards-and-censors
Interesting perspective
yeah, i am quite jaded. lol
interesting perspective, and jaded, yes... and true. (not steemit but dmania looks like) but still, "owners" just the same.
https://steemit.com/steemit/@equ1l1br1um/dmania-owner-zombee-is-abusing-steemit-delegation-with-multiple-accounts-stealing-users-chances-of-getting-rewards-and-censors