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RE: Improving the Economics of Steem: A Community Proposal

in #steem5 years ago

We have a heavily flawed economic system right now. You're correct to spot that it simply just rewards behavior we don't want (self voting, vote selling to highest bidder) rather than sufficiently rewarding honest votes that reflects one's opinion of the underlying content. This has caused a downward spiral that is threatening to break the system unless we take action to rectify it very soon.