Delegation has not been the biggest mistake. Delegation to the wrong people, without accountability, has been the biggest mistake. This method appears to at least attempt to mitigate that problem. We should be so lucky they are willing to give it another go! I've been waiting for this to happen, and feared it may not.
But my biggest dream since I stepped foot here was to basically delegate to worthy people and projects. I'm telling you, when in the right hands, it's a brilliant plan. It works. No question.
The problem is, we have not used the greatest discretion in the past. Now, it appears discretion is being used, and a fail-safe plan seems to be in place when delegation is abused. The expectations are clear, accountability should be as well. Until then, then yes, it is a complete mistake.
You could essentially do that by powering down or using steem earnings and giving them to someone you want to support. Delegation on the otherhand gives them power that they didn't grow, they didn't purchase and they can do what they will with it. I think it is important to realize you could do what you were stating without delegation. It was also easier to track what was going where. Delegation actually made it easier to game the system. It most definitely was taken advantage of. Are there some people that benefited from it to good ends? Yes. I have a little over 1000 I am delegating at the moment. I know it's not much, my account was once 20,000 steem power. I lost faith in the direction steem was going some time ago. It had (and still does if people start thinking as @ats-david indicates) potential. Ease of joining is a big deal and can help. Yet also not being voted to oblivion because someone doesn't like your ideas is a big deal... especially here where that is financial oblivion. I haven't pulled my delegation because some of it is other accounts of my OWN, with only two or three exceptions due to the tangible service those accounts offer to steem.
no delegation is an asset, dont be mad at the system for the mistakes of its users.
Delegation lets you GIVE someone something that NO OTHER crypto or asset can do, a 0 risk loan of sorts.. one you can take back at any time.... delegation is a new form of fintech that is being used in EOS to create the future of business
so no, delegation was not a mistake. without delegation on steem theres no delegation on eos...
Just wait for EOS Voice to come out, and then steemit inc will get an idea of how a competent company that knows how to make money, runs its social media product
Delegation has not been the biggest mistake. Delegation to the wrong people, without accountability, has been the biggest mistake. This method appears to at least attempt to mitigate that problem. We should be so lucky they are willing to give it another go! I've been waiting for this to happen, and feared it may not.
But my biggest dream since I stepped foot here was to basically delegate to worthy people and projects. I'm telling you, when in the right hands, it's a brilliant plan. It works. No question.
The problem is, we have not used the greatest discretion in the past. Now, it appears discretion is being used, and a fail-safe plan seems to be in place when delegation is abused. The expectations are clear, accountability should be as well. Until then, then yes, it is a complete mistake.
You could essentially do that by powering down or using steem earnings and giving them to someone you want to support. Delegation on the otherhand gives them power that they didn't grow, they didn't purchase and they can do what they will with it. I think it is important to realize you could do what you were stating without delegation. It was also easier to track what was going where. Delegation actually made it easier to game the system. It most definitely was taken advantage of. Are there some people that benefited from it to good ends? Yes. I have a little over 1000 I am delegating at the moment. I know it's not much, my account was once 20,000 steem power. I lost faith in the direction steem was going some time ago. It had (and still does if people start thinking as @ats-david indicates) potential. Ease of joining is a big deal and can help. Yet also not being voted to oblivion because someone doesn't like your ideas is a big deal... especially here where that is financial oblivion. I haven't pulled my delegation because some of it is other accounts of my OWN, with only two or three exceptions due to the tangible service those accounts offer to steem.
no delegation is an asset, dont be mad at the system for the mistakes of its users.
Delegation lets you GIVE someone something that NO OTHER crypto or asset can do, a 0 risk loan of sorts.. one you can take back at any time.... delegation is a new form of fintech that is being used in EOS to create the future of business
so no, delegation was not a mistake. without delegation on steem theres no delegation on eos...
Just wait for EOS Voice to come out, and then steemit inc will get an idea of how a competent company that knows how to make money, runs its social media product