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RE: My Views On The EIP

in #steem6 years ago

100% this:

Everything in life should be about bettering your financial prosperity WHILE bettering your community/family and surroundings. If you do one without the other, you become vulnerable with less ability to grow. If you make money while destroying your surroundings IE Steem right now people selling votes while sipping tea in a burning building, you end up destroying the very thing that feeds you.

I think many people on steem are pretty jaded, and I'm not sure I blame them, but I also think that the key is simply to make it more profitable to curate (or delegate to curation entities like curie etc) than vote selling. It's not rocket science to see that making good behaviour pay better than bad, is going to improve things. My hope when I first looked at this proposal was that it would actually increase author rewards rather than reducing them. Partly through making it pay better to manually curate, but also the effect on posts when all that SP that's locked up delegated to bidbots is freed up to work in the way that was envisioned in the whitepaper. Like I said to someone a few weeks back; '50% of a $20 payout is much better than 75% of a $5 payout lol

I think there is a lot of fear around this proposal with people predicting that new ways to game the system will just be invented, but people don't realise that it's do or die time! If we don't improve things soon then steem might get left behind in the next bull run.... Or if we fix things, steem could be one of the big winners in the next bull run.

Great to read your thoughts about these things. Also, that we're off a similar mind. I wrote a post about the proposed economic changes a few weeks ago called steem bot coloured dreams.

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