However, I can understand the strategy behind the 20 STEEM change. If you think about Youtube, before you can earn any profit
The bar is too high to reach unless you've already bought into the system. Posting a random essay on Steemit will get maybe 20 upvotes and 2.5 STEEM from random people if the content is exceptional. And probably 1 or 2 upvotes for moderate to poor content.
The only way to reach 20 STEEM is to already have the upvotes lined up before posting. I've watched this happen in real time on the Steem Blockchain. A user sends off payments to voting bots, then posts. The votes come in, the post pulls in a 20 to 50 STEEM.
However, in many cases, that 20 to 50 STEEM reward was purchased with about 20 to 50 STEEM. So, what's the point?
Just remove the bid bots and curation timing rewards from the code. Problem solved. The good content will get upvoted by actual humans reading and upvoting.
I agree. Like e.g. 5 Steem would have been enough.
Steemit Inc. and everybody working there, plus all the witnesses
should only check one result:
0,16 €
These are the fruits of your labor. It is what it is.
I entered March/April 2018 with 1 Steem= 2,12 €
...thinking that was low, when i heard about the
"golden days" with 1 Steem over 5.-€
Dan Larimers philosophy was "non-violence" in any form.
Are we still on track..?
We will see...