I think you misunderstand somewhat. My idea is not about whales creating content - they don't create in general, they just sit back and curate.
I mean they delegate their SP to curation teams who then go out and curate the little people, thus spreading the wealth. The whales just sit back and reap the rewards which is all they want to do anyway, which is why I proposed this in the first place.
Speaking of capital gains and value increasing to the moon is not much more than pipe dreams - there's no evidence to suggest steem will ever sustain above a dollar, and although it might, it's been 'on the verge' according to everybody the entire 7 months I've been here. It's a pipe dream.
My idea is obviously not the best solution, but I believe it's the most realistic one because it's so simple and easy to implement. Everybody else's suggestions are either wishful thinking or complete overhauls of the system which is again wishful thinking because not much of anything gets done on this platform in any 6 month period.
At least for now, removing vote buying abuse and preventing reward pool rape is the only realistic way to go
Well, I pointed out the reasons I feel most repress appreciation in the price of Steem.
Steem has been above $4 before, and has better cryptocurrency chops than BTC. Those aren't guarantees, but they are evidence.
So, as I understood your proposal to generate income from selling 'potential' premium upgoats to whales, and now you agree that whales aren't going to be posting for upgoats, what is this new, unspecified mechanism that will compensate whales for their delegations to the curation teams?
The most likely returns this could generate for whales would be some percentage of the curation rewards.
That's unlikely to remain the case, for long. After the Sybil attack purchases the witnesses, the new centralized PTB's will likely be very active changing code.
I hope you're right about the changes. I'm not really down with the details in that regard to be honest, just working on my own experience and what witnesses have told me privately etc.
$4 lasted a few days, im not sure if thats evidence or just somebody pumping and dumping. Right now it's kinda crazy though, sbd hit 2 dollars =/
Anywho I explained int he other comment about how whales would get a return so I'll cut this one off to prevent going back and forth between comments!