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RE: Steem Experience Hangout: Let's Talk about Paid Voting Bots...

in #dsound6 years ago

That's it isn't it - people talk about how much of the reward pool is allocated by bots, but really, the bots are allocating it to themselves and the accounts who have delegated to them. So there's a sense where the proof of brain concept is undermined twice.

You are right, unless a bot account posts anything, you can't downvote it. And even if they did post, and you did downvote them, this wouldn't directly alter the profit they are making from selling their votes. It might reduce demand for their services though, as a lower reputation bot can't improve the reputation of accounts that buy votes from it. Who would take that sort of action though? The potential of a retaliatory 100% downvote from some of these bots would be enough to make many people think twice before flagging them.

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YASS! Someone bring this man a prize. You sir understand it completely. It's like money laundering. And the poor bastard who bought the votes, feels okay with his pittance of profit, because he thinks slowly he's gaining ground, which would have been true,if the whales played by the rules and earned by the proof of brain mining procedure, because, unless they invested more, they'd be limited in their income. So, when "someone" complains about "someone" making top profits off of ten posts per day, while his bot is earning that much every hour and a half, it's all smoke and mirrors, my friend!

FYI, someone started an account that left a messages on posts indicating how much had been spent buying upvotes for them - its been heavily downvoted by a few bots, and at least one bot-owner. Yes, it was super-spammy, but I don't see anyone else flagging them. The worst thing? I don't dare name names - even posting this here is taking a risk.

A little scary that the checks and balances aren't present here. Reminds me of Police retaliation from reporting their misconduct. Seems like the basis of this platform isn't being supported as the bots are potentially more powerful than the community.

Because it's a pyramid that feeds steemit Inc.
Why would they add checks and balances...
Derail the money train... are you crazy?

Promise I'm not crazy. ;) Maybe I'm missing something here but it doesn't feel ethical.

Nah you're not crazy. You're good to be so aware of the reality around you.
It's not to say that this is hopeless though. On the contrary. It needs more genuine players like yourself that DO bring real hope for those in the depths that seek to look up to individuals who are here for the right reasons.