Damn, you seem pretty certain moon in a year or so. Does this have to do with BTC, and the rumors it will? Also, post cap seems more desirable at first glance than free flags and forever flag wars. However, I just don't know how that would effect large stakeholders and people who rely on large upvotes for their development efforts. Granted, that type of person is a minority. However, they're important for development of things and stuff on the blockchain. Also, I'm not sure that someone with 2000 socks would be able to emulate 2000 different IP addressed could they? Thanks for the interesting reply!
RE: Response to Pharesim's Downvote Propaganda.
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Response to Pharesim's Downvote Propaganda.
Substantial stakeholders have more to gain from rising Steem price than anyone, and capital gains is their best hope. Developers can turn to SPS for funding. That's what it is designed for. As for moons, I don't predict one absent adoption of the Huey Long algorithm, which I detailed here in our conversation, but have posted and commented regarding elsewhere previously. I don't expect adoption of the Huey Long algorithm, due to the gambler problem, and that the majority of stake is in the wallets of the ninjaminers still, and they don't want it. No profiteers want it, despite that capital gains is a better route to riches on Steem.
Were it to be undertaken I would expect several months to pass before Steem price rose to significant levels, as the turmoil resulting would take time to sort out. I am not predicting Steem to moon in a year. I'd like to see that happen, and my previous comment was not a schedule, but a description of how I'd like to see things happen, and the sooner the better.
VPNs are able to provide IPs in most countries in the world, and you can actually roll your own VPN, which I have posted regarding previously also. I can't say how many IPs a VPN can provide, but will point out that in the above comment from which you get the 2000 IPs number, I set an arbitrary cap of .01 Steem for an upvote (which I am sure is not the VP cap you propose adopting, as anyone with an upvote worth more, or those seeking larger upvotes on their posts, would scream bloody murder) and simply used 20 Steem and 2000 socks to represent the calculation.
There are folks like Bernie with more than 2000 socks, I am sure. I am not even dead set on the 3% - 300% algo. Those are the figures proposed by Huey Long in the 1930s, but any similar caps would work, as long as the max is too low to make profiteering pay, and the minimum still avails even the worst writer something.
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