I'm going to be a bit careful when addressing this point, because I don't want to be interpreted as someone who is bashing content creators. As one myself, I know and understand the motivations behind creating content, and the expectation when a lot of work is put forth. But, I'm trying to be realistic and I hope my intentions are clear.
Creators != Investors
Simply put: Most content creators are not investors, and they might never be. Which is to say that is unrealistic for us stakeholders to think that if we support content creators, they are going to power up everything and thus become one day heavily invested. Yes, I'm sure some will, but most won't and that's the point I'm trying to make.
I've read a few times somewhat negative comments on this subject. Which is to say, that there are those who believe that if a content creator is powering down, for example, It's our duty as stakeholders to stop supporting that user. On this front, I've changed my mind a bit. Of course I get it, it's somewhat frustrating to see someone not think long term, but it's none of our business as stakeholders to police what people do with their stake.
It's probably because of this particular change in my thinking, that I'm feeling positive about the 50/50. It makes it to where an investor would not feel any qualms about upvoting content they like, as it would make no difference for their own growth and long term strategy.
Distribution issues
At this point, I'm not aware of any token that is not attempting to improve on this front, but it seems like the battle is not only algorithmic but a revolt against our default human behaviors. Simply said, some people are better at accumulating resources and that's not a jab at those who've been dealt a bad hand either.
Some would say, and I would agree, that the new split and curve would make it so that new accounts would grow much slower. Yes, that seems ring true, but we are assuming that most accounts want to grow, and maybe that assumption is flawed to begin with.
I don't think it's anecdotal anymore when we say that most people just cash out. Of course, those who do have their reasons, but the point is that regardless of the algorithm we implement, most people will continue to cash out.
Will these upcoming changes affect distribution negatively? Maybe so, but we might be looking at it in the wrong time frame. In other words, the "growing accounts" were cashing out anyways, but they fluffed the numbers just a bit.
Business disruption
On this front I do have to agree with Exyle, but I'm not that concerned. Yes, some businesses that are built around the current distribution system will probably fail. That being said, some other projects will simply adapt and continue.
It's nothing shocking to say that not all businesses built on Steem are going to succeed. Some are great ideas, some are a little more than wishful thinking with nice logos. But, these frictions, these "failures", are precisely how an economy flourishes. The old trial and error rings very true.
Conclusion
I'm not worried, not even a little bit. You could say I'm heavily invested, and because of it, I should be worried, but It's the opposite for me. I welcome these changes and hope that those are resistant to accept them, concede at least one point.
Is it not better to constantly pursue improvement, than dwell in conformity? We can agree to that, right?
I'm sure whatever they are doing is for this community to grow bigger and more stable! <3 :)
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I'm with you, @meno. I am a content creator and have been living off my steem money since Dec 2017. I grow my sp by blogging and leasing delegated sp, but I am using steem as a source of income - not as an investment vehicle.
I power down weekly so I can eat and pay my rent etc. I live cheap in SE Asia, so this works for me. Then I blog like hell each week on my three blogs here (soon to be four) so I can do it again next week.
The more sp I have, the better I do in every way, but I am not looking to the mythical $7.77 price of steem in order to use this money. I am taking some out tonight at $0.39 and will get it out of the atm tomorrow when I go out the door.
I have many content creating friends and I do not know of any of them how are looking for places to invest - maybe the top 10% are in that happy place, but most are not. The rest of us are trying to earn a living.
I see myself as in the vanguard of proving that you can break free of fiat and live off crypto. I am so grateful for steem to give me this chance. The investors of this world are few. The consumers are many. We need both of them here on steem for long term sustainability.
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me too - feeling positive,
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that's the spirit ;)
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Greetings @meno
The road to improvement is traveled through work, study, preparation, learning, trial and error, meeting negative people and learning to tolerate their way of being. In short, that's what life is all about, everything else is vanity and dreams of fantasy.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Like any other type of venture, we must learn to adapt until successful! I believe that time will come for more to feel vested and now is never a better time to acquire a meaningful stake for cheap and leverage what can become a powerful protocol but the downside is not much as long as you can afford to lose it.
Posted using Partiko iOS
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Very interesting review @meno and you are right, positive improvements are necessary for our ecosystem!
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II think you've really hit the nail on the head with the creators are not investors. I like writing here, but I don't have any personal incentive to buy Steem and power up. I would if I had lots of spare cash lying around, but I prefer to have a small power down to withdraw to different baskets.
That said, I do write and interact mostly on Steem, even when people fled for new shiny forks... So I am committed to the platform, but we all show commitment in different ways!
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Just being as a part of investors and comparing it will the content creators then must be both will be required to save it. The thing is to get the thing sky rocket need a base of both to do a things .
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Hi @meno!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 5.929 which ranks you at #376 across all Steem accounts.
Your rank has dropped 1 places in the last three days (old rank 375).
In our last Algorithmic Curation Round, consisting of 294 contributions, your post is ranked at #46.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
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