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RE: Help Fix Steem's Economy!

in #steem6 years ago

bang on!
And I have no idea why anyone buys votes.. it just makes no sense at all... I just wrote a post about this today:
https://steemit.com/steemit/@solarwarrior/voting-bots-could-please-someone-explain-to-me-why-this-makes-sense-for-the-vote-buyer

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it makes sense if you want to advertise.

It makes sense because:

  1. If people ever stop buying from them (or even just slow down), the votes become immediately profitable, at which point it makes sense to buy even if you don't care one whit about the advertising.
  2. If the votes are neutral or have a tiny cost (the usual case), then it is very cheap or free advertising, which might get you some more votes. It doesn't have to get you many.