First of all, I think the worker proposal system is a fantastic, it brings development to the blockchain faster, as we the community, can now pick and choose which project to fund and there (I hope) is transparency as far as the progress for the project goes.
However, the author cut is not going to make people happy, it also makes me a bit uneasy as well.
reasons :
No.1 being that the price of Steem and SBD, we are in a slough here and the thought of cutting author rewards in a slough can make people frustrated, however we can solve that by providing hope or evidence, which in turn goes back to what I said before "transparency" if people are kept up to date with the project this will automatically inspire them that the cuts are for a good cause.
No.2 is the results, we work hard on this platform to attain a reward. The author cuts would be in a form of let's say investment, if we cut the author rewards by 20% what kind of results would that yield and how do we go about measuring those results and compare that to what we have sacrificed in order to gain that.
thanks for reading
I'm gonna develop a post soon on "wps" to further elaborate my thoughts.
Agreed.
I understand that it's making you feel uneasy - nobody really likes the idea to earn less.
What do you mean with "project"? The inflation is supposed to go into a fund for the WPS that many projects/individuals can use in return for bringing value to Steem.
I understand. But please keep in mind that what you're working for is dependant on the people invested in this platform. If everyone were to sell STEEM & SBD as soon as they get it, the system would collapse. So the goal is to make sure people are more than happy to invest into STEEM and keep it.
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