There are many thoughts in it i have.. but what i appreciate the most there are some specific parameter values which can be tried out to get a more balanced system.
I stopped vote selling on Minnowbooster recently but i know there are many who just continue with it and get a lot more payouts. But for me it was a two-folded decision
- moral not to support bad actors with my vote which i cannot influence if i sell a vote
- economically for the long term success of Steemit because the social aspect of the platform gets slowly destroyed if this is the defacto standard of behaviour
The social and economic factors cannot be separated. If we exploit Steemit or any other future platform it works short term for a few like a pyramid scheme (Steemit is not) and we never ever get to mass adoption because word of mouth spreads like wild fire in the savannah about the anti-social behaviour with massive bot usage.
Regular people are not interested to be part of such systems.. because then it's like a horde of globlins with clubs is just waiting for new victims.. exaggerated view but basically the selfish attitude to attract people just for this purpose to exploit a even bigger reward pool with bots, vote selling and so forth cannot lead to a long term success.
It is the same with every business, if i start as CEO and immediately want a Mercedes and golden faucets but don't even have any product sales or customers.. it won't work.. i'll destroy the first green shoots immediately. I see a similar situation on Steemit currently. The growth of the platform is impeded by this imbalance.
I'm not a iPhone socialist but a long term investor who has always the choice like any other Steemian to use no, a bit or massively bots and services for higher gains but the more we move the balance to the reward robbing or distorting reputation bots it gets a very bad taste and economic desaster in the long term is my opinion.
I think Dan Larimer knows exactly what's going on and will get to the next level with a EOS platform in the near future but Steemit has still potential with the strong community of witnesses and Steemit Inc.