New: sbdpegAll contenthive-129948hive-196917krzzanhive-183959hive-185836steemhive-180932hive-150122photographyhive-101145hive-183397hive-144064uncommonlabhive-184714krsuccesshive-145157hive-188619hive-193637bitcoinhive-103599hive-193186hive-166405hive-180301lifeTrendingNewHotLikerstcpolymath (68)in steemit • 7 years agoMath of Steem: Where does the profit from voting bots come from?So a couple of weeks ago @yabapmatt made a post about voting bots and @abh12345 asked a question that I thought was interesting: what if everyone started buying votes? He characterized his issue…tcpolymath (68)in steemit • 7 years agoMath of Steem: Early votes have more value because 50/50 payout isn't really 50/50This is the post where I tell you why basically all of the math everyone uses for Steem posts is wrong. Is that enough of a clickbait opener? So, we have 50/50 post payout as the default, and SBD…aggroed (78)in witness • 8 years agoWitness Run: My outline of the Economics of the system. What to do to keep the SBD peg at $1USD and why we should.Being a witness has a lot to do with understanding economics. Here I'm going to outline my basic understanding of economics and how it relates to Steemit currencies through the lens of my mission…