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RE: STEEM: The Disproportionate Power Balance with Downvotes

in OCD4 years ago

Yeah... green is nice! Although, I've been toying around with the idea of dumping a token that just saw a single day 200% run... on the other hand, it just isn't worth my time either! Play the long game...

The only way would be to have a comment left by the person voting. Similar to the way people want to have reasons for downvotes, reasons for upvotes?

As for the commenting... even that isn't really assured. You have seen all the automated comments right?

And you could easily say the same thing about any money really. It's derived on its value perceived by the sum of those that use it.

Money is slightly different as it exists and is the principal token on it's own ecosystem. Something similar would be the fact that most currencies need to be denominated and exchanged via the medium of the global reserve, USD. Thus, a tinpot country can issue it's own fiat money... but if people prefer USD then it is game over!

Another more similar idea is the relationship between the ERC-20 tokens and the native ETH tokens...

Anyway, these chats are much more interesting and productive than the complaints in the original post. There is a chance for accommodation and compromise to grow a better ecosystem... rather than roll over and die or I'm not happy!

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. on the other hand, it just isn't worth my time either

I think that would depend on how much you'd get for the effort or if it's only going to buy you a Mars bar 😁

You have seen all the automated comments right?

Yep and those do my crust in as well. But it's something that's just going to be part and parcel of the digital era seeing as, what, 60%-70% of all Internet is Bots anyway...rise of the machines.

Even USD isn't really backed by anything. It used to be an IOU for gold deposited in the banks but that went pear shaped in the 70s. Now it really is a piece of paper with a number written on it.

So in a way, I guess BTC acts like the situation you just described but for all digital crypto currencies (almost).

This platform is about engagement really. I measure that as comments and interaction with the post created rather than number of votes or STU received. For me, those are bonuses to the comments. Guess it really depends on what the goals are of each individual.

Think we've seen a lot of people leave because they arent willing to compromise