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RE: My First Reaction To HardFork 20, "Velocity" - Proposing Mining via Proof of Burn and Proof of Transaction

in #witness-category8 years ago (edited)

There has got to be a happy medium somewhere between waiting for 1 week and paying $10,000 for immediate account creation.

A nominal fee of, say, $10 - or 5 Steem - would chase out the creation of the vast majority of the "free accounts" and spammers. It would also be a great way for people already on the inside to "sponsor" real, actual people into the platform to help ensure the creation of real accounts by real people.

I joined in May and got 10 Steem, immediately. I don't know if that was a promotion from SteemIt, or @marketreport, or what the deal was - but it was a great help. Then, I saw all of these accounts start cashing out their Steem Power. I went on my rant and told them how dumb they were being: https://steemit.com/steemit/@bi5h0p/how-to-get-yourself-unfollowed-on-steemit I have managed to take my 10 Steem and turn it into 50 Steem, so far. Up until 2 months ago, I only used computers for gaming - so I saw no reason not to take my useless waste of time and direct it towards more constructive activities. Even a complete idiot knows you don't cash out your initial investment after making your first $20.

I'm not sure what "burning" $10,000 is, in regard to SteemIt account creation, but if somebody went to the trouble to actually deposit that amount of money for the immediate creation of an account, you did nothing to convince me that it was a wise investment, or that somebody didn't actually pocket that money somewhere else. I mean, who just burns $10,000, besides the Joker?

"Omboarfung process?" I was a Medical Lab. Technician in the Army - and I never had the pleasure of coming across a description of that particular life-form. What is that, again?

Feel free to convince me, again, why I should be voting for you as a Witness? I'm all for what's good for Steem, but I'm still not convinced you know the best way forward.