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RE: Should you invest in promoting your content on SteemIt?

in #steemit7 years ago

I just unfollowed to prevent accidental conflict. I know that you considering self voting is unjust. I can't agree with that. People with stake are not got it for nothing. Some of them were early and bootstrapped community. Some of them took a risk and put their own money at stake in STEEM (they could by ETH). All of them were through the hard times, then the STEEM price was declining for 10 months. Because of people who hold the stake the price at that level today.

Even if they can't write in English very well or propose some idea - doesn't make them parasites.

STEEM is a system with stakeholders, they own the part of network capacity. They decide how to dilute their own stake by voting for others if they provide value. If they decide to vote for themselves - then they don't see enough value and their stake don't get diluted. System punish those who don't vote. From that perspective I see that system working efficient - stake gets distributed to people who provide value, not on some moral basis.

TLDR
There is not self voting, stakeholders just deciding to not dilute their stake because there is no better option at the moment.

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That's a really weird reason to unfollow, anyway you have the wrong image of me. I "self-vote" all the time, because the system allows it. But no matter my situation, i just don't think it's best for the system.

I hope you do understand that if everyone "self-votes", there is no value in SteemIt. That's a flaw in the system to me. It's irrelevant if something is likely or not. Flaws are flaws.

We really want the same thing: a platform without abuse, exploits and injustice.

I hope you have a better idea about my intentions now.

Take the case of BitShares. It was designed with self-funding model in mind. The Idea that people could create a proposal with description of the work they are going to do, stakeholders will approve and proposal get funding in the form of inflation. If no working proposal gets approved - no stake will be deluded by inflation. Guess that stakeholders are chosen? No dilution at all! Voting participation rate now is around 7%. But Bitshares still doing very good today.

In STEEM we are doing even better. We are funding infrastructure around us. Look at chainbb.com, it is funded from authors rewards. People don't stop voting for @jesta after HF19. And there are tons of money distributed to people for their work and I don't see it will stop anytime soon. It is just so easy here - saw that you like - click upvote.

There is a things to improve for sure. But we should take it slowly and don't rush to not destroy the system accidentally.

Oh i have nothing against taking it slowly, as long as it gets fixed :)

Currently i just see major problems with curation. The way people are rushed into voting, unjustified rewards, lack of flagging, no monetary incentive to reward others and so on. You know the drill by now :)

dude its cool that ur being chill its sad that pal is being weird like this....whatever dont focus on him focus on ME SNAP SNAP HERE MAN OVER HERE

ahaha it all ggoood i will entertain u and keep u motvtaed bro!

i folowed you! that should balace out pal unollowing hahaha

Thanks for giving us an update over how system works. Please follow me at @honeychum. I am sure you will like my work.

pal i think u are unfairly categorizing @calamus056 here and u dont even have a profile image and u are talking like u are one of the originals heere ?? are u? if so u should be a lil moe chill...early adopters have a ot of pwer

and u guys understand how steemit works more than most

alot of people here have no idea how it wworks

alot of people love to act like they knwo everything and we should all stop that and all stop being so naggy and wwe should stop complianing and focus on our work...unless we are an actual developer...cuz talk is easy....