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RE: Steemits Bidbot Business Income Analysis April '18

in #utopian-io7 years ago (edited)

Nice analysis. Here's hoping in your personal evaluation of this stuff you see that the problem is less the bid bot and more the linear rewards curve without free downvotes to fix rewards disagreement. I'm also interested in your take on how that changes steem/sbd price. Lastly, since bidbot use converts SBD back into Steem and locks it in place for 13 weeks. I wonder how you'll evaluate that too.

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But do you admit that bid bot is a problem?

The bid bots are a problem because of linear rewards. You can't address bid bots without talking about linear rewards because they are simply a symptom of the larger economics.