Steemit is changing...
A small change just happened.
A bigger change comes soon.
The future of Steemit gets crazy
Press Play For Max Steemit Info
Enjoy The Vid
Part 1
We had a small change. The views tally is gone. It wasn't counting correctly so it's gone until it's updated.
This will also help the Steemit site run better.
Part 2
Changes on the horizon.
Hard Fork 20. It seems to be centered around bringing new users on board.
They will streamline the signup and allow us to invite other users. Here comes grandma.
Speculation:
Could hard for 20 be when we see communities? That would be cool, but I haven't heard a timeline yet.
Communities would be like Reddit subreddits. Imagine how that would work on Steemit.
Part 3:
Lets go into the future.
1st We need to understand Ned's vision.
Crypto as a human algorithm to sort the best content to the top. That is the goal.
Currently we use a stake weighted voting system. People who have more tokens have a higher vote. This was supposed to benefit the best content.
Does the current stake weighted voting bring the best content to the top?
Here's a quote from Ned,
"With Steem we didn't quit find that was the case. To truly realize a future where cryptocurrency helps us identify great infromation we need to leverage not "stake-weighted" voting, but "account-based" voting. 1 person, 1 vote. It's much more democratic that way. That in combination with super linear rewards curve.
The wording is subtle. This is just a general direction. We won't see a big change in vote weight, but we see many small changes over time that push toward this account-based style.
This is one benefit of SMT's. Steemit Inc will have hundreds of experiments they can learn from as new apps launch and tweak their own systems on Steem.
There are far more details in the video. Go back and press play if this piqued your interest. What does your Steem future hold?
Sometime i feel its better to have the same steem power to everyone.. no whale no minnow anymore..
No one should beg for votes. No one should pay for votes.
Everyone should really value their votes for good content.
Here who has more wins more.. though some contents are really good not getting even a single vote.
Though i joined todayto steemit i should get paid for good content.
Making Repo with followers shouldhappen in a sec.
I wish ned should read my comment atleast.
I AGREE WITH YOUR COMMENTS. THEY SHOULD VALUE THE GOOD CONTENTS. I DO NOT KNOW WHAT THE TREND IS. ONLY THAT PUBLISHING TO SEE WHAT GUST, NOR MODE
Great update. Thank you.
Steemit just keeps getting better.
I don't care that it's not perfect... I care that they keep working on it.
And they do! It's a great place to be.
Just when I thought I was understanding how the weighted voting system worked. :) Well I suppose this will be better, but I guess we will have to see as it is implemented.
Agree with you
favours those who have been steeming on the longest -- is this not inherently age-ist?
discriminates against new users, or subtly encourages them to steem harder (in my experience) 😌
yeah, its rather a popularity contest, but with a user base of 60k daily users, those that create amazing content will have no problem standing out.
My fear here is that it might shift the balance from "how good your content is" to "how many people know you"
Funny how those "fixes" are like trying to fix old plumbing....you fix one leak and another pops up.
It isn't about quality, it is about engagement and networking. It is a social media platform, not an Author's guild.
Very well said. Unless you have spent the last year becoming part of the Authors Guild, but I think you are right.
i agree with you
I can’t work it out, even the different tokens, SBD , power down; what’s the best way to use them?
I aggree
I agree man! What a time to be on Steemit!
thật tuyệt khi steemit vẫn hoạt động và tạo thu nhập cho rất nhiều người.
https://steemit.com/cryptocurrency/@giveaway-247/what-is-cryptocurrency
I agree with you all but I am very curious about seeing how will fix the leverage, not "stake-weighted" voting, but "account-based" voting. 1 person, 1 vote. It's much more democratic that way. That in combination with superlinear rewards curve...
1 person 1 vote is what I don't understand
for making impact, decissions...
right, we can't expect to be perfect but a work in progress, steemit is still just a baby compared to other platforms, and they are still working on better those other platforms as well, but steemit has way much more to offer IMO
Hello good contribution, I am new in this wonderful world steemit from Venezuela I give a greeting thanks to your post to enrich the new people :)
the way to the future is forward. we must keep moving forward. steemit i think is one of the vessels that can take us there.
i need the updete
it should be like this
Does the current stake weighted voting bring the best content to the top?
Here's a quote from Ned,
"With Steem we didn't quit find that was the case. To truly realize a future where cryptocurrency helps us identify great infromation we need to leverage not "stake-weighted" voting, but "account-based" voting. 1 person, 1 vote. It's much more democratic that way. That in combination with super linear rewards curve.
maybe.....
Im just a starting steemer, If you guys could check out my post about my friend who was robbed at gunpoint for crypto, that would be awesome! thank you!
Clickbait pro.
It was only a matter of time before Buzzfeed and fake news invaded Steemit lol
Indeed it is getting better thanks to the people behind it and to all steemians
The truth that since steemit entered had undergone some changes but are already becoming more drastic, clear for a welfare to the community.
It seems a pretty interesting solution to the current problem. Unlike, some of us are thinking, inflationary systems is not always adherence to the value of the system.
Account Based voting is a way to go solution on the current Steemit problem. The trending page is now polluted of some unvaluable articles. Steemit will be much more likely to become Reddit if the 1 account is equal 1 vote solutions is implemented. However, there is a problem in that algorithym as well. There are abusers who created multiple accounts on Reddit and upvote their own post to be on top trending page. If that system will be implemented I hope there are ways to stop this abusers. Great post and still bullish on future of Steemit @happymoneyman
Joke from last year.
Prepare for bot wars if we implement 1acc=1vote
It is always good to search for solutions rather than sitting on a problem.
Bingo, ¡exactlly!
well said sir
I don't bother much with trending. It's polluted with bought votes. I find better posts via my those I follow
confirmed. I look at my feed for decent content. A lot like twitter. I don't search the trending page often.
If they do implement an account based voting system there is many other changes that would need to accompany that update to help reduce the amount of abuse right off the bat.
To your point about multiple accounts, there would need to be something that registers which IPs are using which accounts and how many at each IP. This is a scary thought in my opinion especially on a platform that is seemingly attempting to be decentralized. If a centralized authority starts banning people for making multiple accounts then I foresee a lot of anger and frustration in the future. Also, it would take many more man hours to monitor that sort of thing, even with automation. How many accounts would be allowed? Personally I know I had 8 family members in my house growing up. If people have to use multiple IPs to make multiple accounts then at least they would have to pay money to attempt abuse.
I am not disagreeing, these are just thoughts I had in response to your comment. I am not smart enough to know a good solution that would work.
You can mask IP addresses. I can show you how to do it and I'm not even much of a computer nerd. Bots and accounts can come from different IP addresses through proxies. People who take the time to make bots, sock accounts, multiple accounts, etc, can also take the time to hide/mask their IP addresses. You can remote control other desktops, that means other computers with different IPs. You can run accounts from different computers from your remote. I have used a remote to access my other computer. There are so many things people do and this is just from the top of my head of the things people do.
Remote control is still basically what a dedicated VPN is. That used to be the case a year ago and maybe still on some sites, but most commercial sites in the states I know of now have access to a database of all the fake VPN IP proxies and still ban you for using VPNs at least the last 9 or 10 months I've seen it since they began attempting to make IPV6 the standard for the internet. At least that's the case for typical top commercial VPN providers. They's got swarms of bots constantly looking to add new IPs to the list and maybe it works for a while, but sooner or later they catch it. It's been a real pain in the ass. That's why most VPN services have slashed their prices, because they no longer work for many sites.
Account base voting means there is no reason to hold any STEEM but remember you are actually paid in STEEM - token that will become worthless. Super linear reward curve is the way to go. Also you should be rewarded more if you find good post from author that wasn't successful so far rather than someone who gets into trading all the time.
absolutely agree with you
steem will become worthless
The challenge in online voting systems is that players manage to game them. There are millions of fake accounts on social media. The people who are gaming the system always manage to find a way to get the posts they want on the top.
This is a good point-- I think it is exaggerated by early mover's advantages and upvote bots.
tôi cũng nghí đã có rất nhiều người đã lạm dụng
Its going to be the same issues other then there is no point for anyone to hold on to their steem so massive sell off.
Thanks for the comment. I thought of the multiple account angle. There have been some developments in blockchain identity. Hopefully people will be privately identified by the blockchain which should cut down on the amount of bot account spam. This will be a big problem to overcome, but I know they are aware of it.
Ok so devs have taken a step in the right direction to help curb some of the foolishness, but we still have a VERY long way to go.
How sure are you about that. Right now I don't think anything is happening about weighted voting, maybe soon.
please tell me am so wrong and it will make my weekend.
You should watch the video in the post, it explains.
haha exactly
ive been here since day 1 almost, i love changes
Hey @happymoneyman, thanks for the video!
Would you mind sharing the source of @ned's quote from Korea? Do you have a video link or something? It's interesting to know that he considers an account-based voting system for steemit, I don't think this has been mentioned before in the communication with this community.
Actually the vision that was defined for Steem in the very beginnings was this one here:
Now on one hand that refers to content creators (as you perfectly mentioned in the video), but on the other hand it also includes the curators who provide their valuable attention.
So the vision wouldn't just be to sort or organize content (bring the best to the top as you said), but to create a self-sufficient eco-system where value is created and evaluated through the members of the community.
With excessive vote buying that vision has been currupted lately, since attention doesn't necessarily have to be earned (through value creation) but can be easily bought now.
Steem actually aims to be the modern version of local communities we all know from real life - where one can meet and interact with like-minded people. In contrast to centralized systems, the value that's brought into the network by the members of the community, doesn't belong to one single account who runs the network but to all participants - and is then distributed among those who contribute most.
Lately, we've distanced ourselves a bit from the original idea of Steem. While value creation, community building and the overall growth of the network were the main ambitions of Steem in the first year. Now personal financial benefit, immediate return and inflated follower statistics seem to be trending.
I by myself believe that only organic growth is sustainable growth, and that we need to be careful to not become one of these unsubstantial platforms where no real social interaction is taking place anymore.
If I had to define one single goal for Steem in 2018 then it would be: retention. The user experience is the single most important KPI for a social network - whether it's decentralized or not.
Enjoy Yosemite @happymoneyman!!! I'm a bit jealous now. Was there for the last time at the age of 5 and loved it :-))
Hey @surfermarly.
I think this video is what you're looking for.
Personally, I have a strange feeling much of what was said has been misconstrued and people are jumping to conclusions.
I'm looking at the SP I earned. I can't see why Steemit Inc. would want to make that worthless. So I'm guessing, maybe the most organically popular to the point of trending post could have $2 worth of rewards next to it, but since it received 10000 votes, it sits in the number one slot. That would solve many problems(at least in the reward pool department). These folks could then spend $1000 for their 5 votes and stay at the bottom and from there they can stop misleading other members into thinking they are popular and good at what they do.
People seem worried about abuse but imagine if someone made 10000 accounts just so they could trend every post while their post only has $10 beside it. They could just sit there and look foolish. It would be incredibly easy to figure out if someone is using a trail of sock puppet accounts. We wouldn't have to sit around arguing about whether or not that member is exploiting the system because it would be painfully obvious. And their rewards would be much easier to flag away. They'd be left with one option. Organic growth.
I'm not saying this is how it's going to be. I'm saying that's how it could be. A wild guess. A shot in the dark. We wouldn't have to be guessing if these communications were clear.
Clear communications would relieve a huge pain point for the community. I should have to watch a 2 hour talk that is half in Korean for a 30 second quote about Steemit Inc's vision. Agreed
I think there are a lot of solutions on the board for blockchain identity that may help with the multiple sock puppet account. It will be really interesting to hear how they solve for that. It will need to be addressed or it won't make sense.
Moving from one experiment to the next just means leaving old problems behind and creating new ones. The issues many face now could be easily solved by placing posts like yours(don't take it personally) into the promoted tab when the use of these bots is detected. Then make the self vote something that can't contribute towards trending status. Those tiny changes would help push all of the organically popular content to the top. Something so simple yet seemingly unimaginable to so many. The common sense approach. Your post here today would be marked as an advertisement/paid programming. The high value self voted content would lose it's automatic advantage over everyone else, and from there everyone is given an even playing field. From the wealthiest to the poorest, it would be the content coming first, not the bank account or the false image presented when one purchases their fame.
That would be indeed an excellent solution.
Ned gives a talk in the beginning and then speaks a panel for quite a while. It's great info. I used the 10 second skip ahead button a lot to get to the english parts.
Yea, I was really interested to hear him talk about his vision. He answered a lot of questions I had in my own mind for the future or Steemit. He also mentioned the "super linear rewards curve" This lines up to your good point about being rewarded as curators. It sounds like it will be shifting towards rewarding people who vote on content first, get the biggest reward.
Now some speculation:
I would guess that the number of votes per day would need a cap. Let's just say 10 votes per day per account. Then curators would need to be careful to only vote on the very best content. If they were using bots, their bot may waste the 10 votes on sub-par content. So real curators would have an incentive.
I love the analogy of "local communities". It's true. I interact with people on Steemit, who I would want to be around in the real world. That's definitely different from my Twitter account. It's a special thing about Steemit that shouldn't be lost. Ned's north star seems to be curating content with cryptocurrency incentives. His main goal is to find a way to sort the best content towards the top. He will keep tweaking the algo to make that happen.
You make a great point that retention is a big part of it. I was recently a little discouraged with the overall state of the platform. I felt the shift you mentioned away from community, content, and curation and towards gaming the system. I would imagine a lot of others felt the same. I've been more optimistic lately because the community stepped up and slowed the spam. It's constantly changing. I'm happy to know Ned's vision and that he's going to continue to tweak Steem to help it thrive. It was really interesting to hear him talk about the SMT's as an experiment ground for changes we may use on Steemit someday.
Yosemite was wonderful. I did ice water dips in crystal clear ponds under waterfalls. I just freaking loved it. That place is stunning. Nature and moving water is energizing for the soul as you know very well @surfermarly Cheers
And I’m happy to be part of it through the change and can’t wait to see what more is to come
That's right. We're really lucky to be a part of Steemit in general. It will be interesting to see how it changes.
i'm always interested in seeing new implementations...not just how they work but how they are recieved by the community.
Until then I'm just going to keep on grinding.
Steem on!
for sure. Just enjoy the ride. We're breaking ground. It won't be perfect, but that's the point. Keep grinding, keep learning.
As others have already stated, if account based voting means that all votes are equal, then those with multiple accounts will have the power bias. Currently, accounts can be bought - so we will just see a shift in the way that manipulation of the system takes place (many more accounts).
If the new onboarding system includes a strong form of identity verification then this problem maybe lessened, but it seems impractical to me currently.
I know there are some strong blockchain identity solutions out there. Hopefully Steem can use them to combat the issue. Definitely a work in progress
i like the idea of bringing the best content at the top, but it depends of who are curators and who are the readers who decide what is a good content, because everybody has an opinion, so this could influence the future of steemit , we need to choose who are the right curators and the readers because this could bring to another issue like censorship.
Great video, the world of crypto can be a confusing one so much thanks for helping to shead some light on the future.
All these could push steemit to a new height. Looking forward to these being implemented.
Thanks for the details, maybe I should check more trending pages for steemit development and other info, hmmm.
Great video @happymoneyman very informative! Thank you for sharing and im excited for the new changes to come!
@joeparys big shout out to you. Your Steemit Udemy course helped me a lot
Posted using Partiko Android
Cada día veo que hay nuevas funciones, nuevas actualizaciones, cada vez mejor el servidor, con esto se esta mejorando para ser la mejor red social del mundo, y quitaremos el lugar de facebook y youtube por que ya veo las herramientas en el Steemit Projet, gracias stemit
The major incentive to invest in Steem Power will disappear with with account based voting. This will likely make me power down and look for other opportunities to invest in myself and my community. However, I’m not sure Ned has plans of changing Steemit, I believe he’s laying out more options for those who are against stake weight voting via SMTs. Ned wants other great STEEM based sites to give options to those who see value in one account one vote. There is room for both philosophies on the Steem blockchain. Also, Minds.com has over 1mil accounts and already uses one account one vote method. If you hate Steemit I suggest Minds.com would be a place for you for the time being. Sure it’s not built on the STEEM blockchain, but who cares when you’re not investing in the actual platform, and you’re just looking to get the most “fair” payouts from other people’s investments.
wow, smt's can bring steemit to another level
Thanks for this great update
I'm not sure that I get that 1 person 1 vote. So we would only have a vote per day? If so, that's the worst thing they can do.
#1 everyone would be only voting for themselves
#2 bot accounts and trails would abuse this
#3 this is generally a bad idea
Would be great to finally see something added though. Waiting for hf20 for the past 8 months now
I thought the 1 person one vote is per post
Don't think so, that would mean you have unlimited votes, wouldn't it?
Hmmm, yes....
I would guess each account would have a capped amount of votes per day. Let's just guess everyone has 10 votes per day. Use them wisely. That make work...
shit idea that abusers would take advantage off, imo. the current system would be good if everyone wasn't circle jerking.
This is what I am thinking too. The upvote bid bots that use multiple people will become really popular, more so than ever.
Wow, congratulations on over $1,000 payout! May it hit $2K with Steem's ever growing price ;) Ned's a pretty cool chap
thanks...
Great news! Waiting for the HF20!...:)...
Good to hear changes are on the way. 2018 will be the year crypto shakes out the winners from those that are left behind.
abosolutey. This will be a huge year to see if Steemit can stay ahead of the curve
steemit bitshares and eos is my choice for the next bull market
yayyy that shit is nice 😎
Is there a official date for this hard fork please?
Let me just play devils advocate here. If votes aren't not based on account value and instead on 1 vote per account, then what is the point of having or holding SP? Wouldn't this take the true intrinsic value away from Steem? If the developers are actually considering this, we should have a massive vote in or against favor. I think it's great that we are constantly innovating and improving Steemit, but I'm concerned one bad move could destroy the blockchain.
Thank you for informative post @happymonyman 😎
Looking forward to HardFork 20 😀
very exiting days in the community. Thanks for a superb post about the future of Steemit.
How do you think the SMT will affect the steem and sbd? Will steem and sbd work as a "fuel" or will it be kept seperate?
To the future!!!
Thanks for the heads up! STEEM has a very bright future!
Beautiful presentation. Steemit is amazing opportunity for all of us. Steemit rocks.
"Apone I want you to lay down a suppressing fire with the incinerators and fall back by squads to the APC"
Great job on the video! Great info! Thanks for helping to keep us informed. The SMT's sound confusing to me but hopefully they help out the platform.
Nice video.... small changed for a Fork, but i think thats how it is
D.
I'm so incredibly excited for Steem's future :)
Hopefully this will help the payout of posts with high number of voters and low payout.
However this will almost certainly create a necessity for resteem bots in order to get a high number of people to see posts.
Steemit is growing better and better!
steemit will over take social media platforms it is just a matter of time
this platform is so young and it's already my favorite place on the net, it's nice reading that steemit inc ill continue to upgrade it :]
Constant development requires constant change! This is positive for Steem.
QUESTION BELOW
Big news if they can sort out the registration process. It’s a mess right now. Once that’s streamlined this platform will have a serious chance of leading the next generation of social media. Most people don’t really like Facebook for instance, but since it’s so convenient and since so many people use it it’s still dominating. But once the issues of steemit get worked out and it starts to adopt more and more features (communities and sub threads like Reddit being and example)
It will be unstoppable!
What are the top features you (whoever’s reading this, yeah you! Lol) want to see?
My vote... an Instagram like feed for a steemit streamlined app, much like Dtube is like a video steemit.
I like your post and agree they really need to sort out the registration. It's holding us back MASSIVELY, and right now is when we should be growing and capturing people leaving FB and YT, but we aren't.
As for DTube, it stopped working for me and most people I know about a month ago. DLive is working well for me now, and most other vloggers I talk to.
And your "Instagram for Steemit" is called Steepshot :)
The ability to Que posts like tumblr!!
You can do this with steem auto!
Oh damn, I have been schooled. 😎 thanks, I’ll look into that.
And good work steemit, if so!**
** edit: 3rd party? Either way, looks cool. Have you used it?
Yeah, I haven't used that feature myself but I use their curation trial feature.
Thanks for the update.
Steemit has got a very bright future ahead.
I would like to see steem & sbd listed on binance! What is Ned doing about that?
Come on Ned put your hand in your big pocket!
Great video. Steemit is just getting better and better. We need more feature to compete against the top social network
steemit is an opportunity👍. Sharing thoughts and emotions about something then get paid for it? How great is that!!💸💸💸
Don't quite understand what this means :
But I am all for the change - got to move on to better things right?
It means that the voting system will be much fairer. Right now its easy for people with SP to earn a few SP extra by using bidbots, and of course people are abusing it with shit content and it ends up on the top articles, drawning out everything else.
The solution of having one vote per person is fairer, but again, is easy to manipulate as anyone can go get more than one account, and then use these accounts to vote on something they wrote.
Alls fun and games when humans finally get some freedoms lol.. hope this helped?
Thank you for the explanation. That would be interesting. The rich will not get richer and there will not be poor people at steemit. Everyone with an account will be equal. That would be really good for the newbies. I will not be able to continue my series on The Analogy Between Steemit and The World" https://steemit.com/life/@simply-me/analogy-between-steemit-and-the-world-1
Thx for sharing your view on that issue @movingman.
Wouldnt you be afraid that value of STEEM will drop because there will be no reason for anyone on steemit to keep his SP and most people will start powering down?
this in result will cause lose of interest within steemit community (crashing price of steem would kill this platform)
Sounds good for newbies and bad for anyone who has been here a while, or who invested here. So they are throwing the investors and content-creators under the bus, to bring on more new accounts?
My first thought was yeh that it would be shit for investers, and sure when I think about it more there will be so many new bogus accounts and the new steemit investment will be going into paying for new accounts, like, I could now say instead of buying actual steem i will start just buying accounts. Luckily i dont spend much time on laptops so this suggestion and the end result most likely wont be done by myself because I cant be fucked, BUT watch how many accounts will power down and just start turning steem into steem accounts, to be used to upvote own content..
Sounds like a clusterfuck.
On the plus side, more accounts should mean a higher steem price..
Why would more accounts mean a higher steem price, if those accounts each have 0 Steem? If Steem isn't necessary for voting, they'll just use empty accounts which can be created for free using the new lightning signups.
Maybe just the numbers from an outside invester would look appealing, to see that there was say 800,000 accounts and then it started doubling very quick, that could draw more bigtime investers in an effect the price. I cant see it lowering the value even if all those new "vote accounts" had 0 balance? unless there is a graph somewhere that says the values of wallets?
and actually there are whales already with 100s of accounts so...
exacly
Unpopular opinions
I find great articiles when I look at trending. (not every one of them are amazing but there is plenty that is of interest.)
1 vote per account is a HORRIBLE idea. #Bots4Everyone
People are too obsessed with trending being a perfect representation of "best quality". There are other ways to bring us the content we want.
"TRENDING" is more or less just a website page with an algorithm. It can be changed easier than you think. Another site could show a different page with a different algorithm... heck you could even have a browser plugin to do stuff like that.
Great point. Then trending algo is really easy to change. They could play with just how the trending page is sorted and have a lot of impact.
Ned is the driver of the "quality content" idea. One of his main goals is to find a way to sort the best content using cryptocurrency incentives. It would be great if the steemit inc team communicated their vision very clearly with the community.
I appreciate your "unpopular" opinions. They are the only kind that are interesting. Cheers
let the bot wars begin
ikr
Wouldn't that result in 1 person many accounts many votes?
Linear rewards are good, some votes should have more power to avoid the many account many votes. Someone with good rep should have more promotional/flag power. The cost of rigging the system needs to be higher than the payout. Its a problem for many platforms.
that's why you got stake based voting, no?
Thinking more like stakes based voting to promote/flag content with linear rewards. To hurt the profit margin with bots.
A bot can just power up/delegate and vote itself profits (I'm new to the platform that is how I understand it).
but to power up the owner has to buy steem/invest in it.
Wait for the SMT Oracles paper. Not all accounts are eligible.
okay, eager to see how you'll address this :)
Can you please explain in more detail, @Ned, what you mean in reply to the above comment of
when you say
Do you mean you will aim to filter out all bot driven accounts from the human controlled accounts? If so, how can you ensure some people may not fall through the cracks, as is the case now when it comes to massive downvotes?
Also, are there any plans to improve the visibility for smaller accounts to even the playing field more with the well established whale accounts, which may very well be the number one reason a lot of newbies leave the platform?
Check this out in the Settings page of Steemit
Appreciated your answers, @ned.
D.
okay!!
I agree with @ash. The bots will take over even more. It will only make it easier to cheat the system in reality. Hell, I have a few accounts already, what's to stop me from making 1,000 more?
We are giving one person one vote. I did not understand what you mean by this comment
Me neither I don't understand, could someone explain please? On vote per day?
Thank goodness. Stake based weighting allows investors to dictate good and bad content despite no evidence or work to prove they are great curators of said content.
The folks with the biggest wallets dictating the front page is antithetical to what steemit is trying to be - a platform for everyone.
why anyone would still keep SP? everyone will start powering down and STEEM will become worthless.
will you still be on this platform knowing that your earned SBD have no value at all?