A bit hard to follow you, hope my nose doesn't start bleeding too in the process.
If everyone gets the same returns, depending on investment only, what's the incentive to produce quality content? The votes, like Reddit mana?
RE: Why free downvotes are a good and necessary part of STEEM
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Why free downvotes are a good and necessary part of STEEM
Whaleshares actually did what i think he is proposing.
0 content rewards and only stake payouts. A basic POS.
Problem is..... no one will want to waste time there to post anything.
Whaleshares has been dead for a few months now but this idea Lucy here is proposing will be a nail in the coffin.
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If people cannot look at a annul return time frame - Very true.
The final nail in the coffin? Maybe, mate.
(but I'm not responsible for the other 720 nails hammered into the coffin, previously...)
I'm coming to the conclusion (over this last 12 months, really) that it's just not a sustainable model.
Which is a pity, IMO.
...At least my very rough proposal will change the dynamics - because one thing is for sure - they ain't working as it is.
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