It's hard to understand this, I mean English wise, it's a little fragmented sorry. Nobody is giving their own money away, it's delegated? If people have $5,000 then certainly buy it and feel free to power it up.
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AFAIK, there is only two ways on getting SP:
And only then it is delegated between all users.
Or, I missed the free STEEM part?
Yeah sure that's right, but not exactly related to my post. In case you're not sure, people can 'rent' their power to users who have a kind of virtual Steep Power. Give that to the curators, and they can provide the 'earnings' to the posts.
Everyone can continue to post and comment and upvote as they see fit in the meantime. This is a solution for the big whales out there and abusers
I will rephrase it.
In other words your solution says - I know better because our community is great and we do it better. And since we are better, we can spend your money better. Or, lets call it everyone's delegated money. Just give the darn money to us. 😉
Current renting services already work that way. Adding a premium service is not going to change the system. It will just "legalize" the problem that their money is delegated to some elite group of people, who, then decide to whom give this money. The problem is not solved but made not so clear. Because now there are more filters.
You can already do it with existing bots. Improve bots if you have a better system. Why do you need a premium service?
It's totally different from current systems. My solution doesn't say 'I know better'. Each team have a set of requirements for their upvote, and they will find the good stuff that matches their requirements (each team would vary in the details) and vote an amount that isn't abusive; say $25 instead of $200 which is what vote selling permits.
By giving the power to the hands of the trusted teams, A) abuse is witheld and B ) the teams easily get shut down if they abuse.
Premium is only going to work if the user provides good content, in which case there's no problem with giving them a bit of an extra boost. It's the abuse and greedy monopolization by individuals that is the issue. Take that power from them.
How many people can create bots compared to the number of people who can write a cool blog? How many bots are actually lucrative without investment here?
OK, I will try to explain the core of problem, how I see it.
Actually there are 2 different tasks that should bet taken care of:
Currently, money is distributed only between big fishes, because in this way they get their dividends back and both sides are happy. Who cares about small fishes, right? The system works like that.
Bots were created to make life easier for big fishes and they can automate this process of voting. You do not like it, because small fishes are out, again.
Your solution says the best way to spend the money and nothing about how to get back to whales. Yeah, some premium - who cares, anyway. Just give it to our curators and somebody else should think about premium service and how it should work.
This is the core problem - how to get back the money. If you do not have clear vision then there is no reason to talk about distribution.
Because we all know how to spend money. That is easy and we do not need a solution for that.
But there are no solutions that can distribute money to the best creators and give back to big cash bags. This is the task you should think about.
The problem I see with what you're saying is
Well that breaks your point doesn't it? My solution gives something back to the whales, and a quick calculation shows potentially quite a lot.
If a premium is $10, and 20 people a day pay that service, that's $200 a day, or $6,000 a month. For doing almost nothing.
Put that number at $20 premium, 50 a day (provides a potential $50 upvote, say) which I imagine is still far less than what minnowbooster currently serves, and that becomes $360,000 a year. That's not exactly something to dismiss, even for a millionaire!
Meanwhile the curators are still spreading the wealth among the little red fish in a growing community of teams accross multiple languages and so on.
No issues there, right?
This is the core problem.
Where to get the money for those payouts? Who is going to pay for it?
If you can answer those question, then we can continue discussion.
The next day we invent the communism in Steemit, investors will take out the money, everybody becomes a whale and earns millions of STEEM. But there will be a tiny little problem - 1000000STEEM = $0.02, because you regret to invest FIAT money in the system and current investors did not like your idea of communism. 😂
You need to do the math - show the numbers with calculations on how much money there will be needed. Real data you can get from stats, you know the number or whales, orcas, dolphins, minnows and red fishes and you know how much money is distributed every.
And then with the numbers it becomes clear of the gains of your solution. 😉
If you did not know, there are no such thing as FREE money that is distributed. We are burning Steemit investors FIAT money and hopes to get rich some day.
I've read this but it's 3am and I keep getting talked to tonight! I'll return with a proper comment in the morning!