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RE: If There's No Path for Minnows to Become Whales, Can Steemit Survive? 100% of this post goes to@markrmorrisjr to support #dolphinschool

in #writing8 years ago

You're averaging $34 a post, most of these people haven't seen that much in their first month of posting combined, face strict bandwidth limits you and I did not have when we started. All he's suggesting, if you read it, is that more people should actually upvote content they've read, instead of just renting out their votes.

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The suggestion is that people accept for a 2% yearly return (upvoting) instead of a ~20% yearly return (renting out their votes). The platform obviously values one more than the other. You're suggesting that people make a sacrifice for the "greater good."

Why give such terrible advice?

But, if you build a community of mutual support, the return on that voting power is limitless. But, you go ahead and accept that 20%, while the guys that are renting it from you multiply it, just like the fortune 500 companies do with 401ks. We use them because they are presented to us as the safe option, not because they produce the best results.