I posted the following comment on Discord yesterday but thought I would post it on my blog in the hope it would get more views and encourage some debate/ideas.
"As more high profile people join Steemit from YouTube, Facebook, Twitter and immediately start making $100+ (some $1000) for each post, won't this mean that the rewards pool will be drained faster and there will be less for everyone else? Obviously, it's great that people are joining and bringing their followers along but when some of them in the not too distant future are making $1000+ in rewards each day which equates to far more than that if the SBD is cashed out, I wonder whether it will encourage or discourage new users from posting.
Some users that have joined the platform recently from other places earn thousands within a few days and immediately power down and cash out their SBD. Of course, they are entitled to do whatever they want with their Steem and SBD and often they are responsible for bringing lots of users to the platform in their short time here which I applaud them for but, as someone who has been here for over a year and a half, when I see people making thousands within weeks of joining and then taking it all out rather than powering up I cannot help but feel a certain way that I can't put into words. (Perhaps 'jealous' is one of them ;-).
Of course, these high profile users and others who have come here and brought some of their considerable following with them to Steemit produce excellent work and deserve to be rewarded far more than I do for the shit I put out but still, I can't help but be discouraged by what I am seeing. I am probably misunderstanding the rewards system or the way things work or just not seeing the bigger picture but thought I would put it out there.
Perhaps a cap on the maximum earnings for a post would be an idea but what do I know?"
I also posted a link to this post that I was recommended which I think makes some relevant and interesting points about the currently inflated price of SBD.
Comments/ideas and even advice such as "stop crying and start posting better quality material if you want to do better so Steemit" are all welcome and encouraged.
Thanks for reading.
Edited - I tagged a user in this post and with hindsight realise it was a mistake to single them out. I have apologised to them for this and have removed the tag and slightly reworded the post.
I applaud the arrival of free thinkers and those who wish to expose the corruption of our world, my hope is that the new influx of independent and alt media figures migrating from Fakebook actually engage with the community here and are not just coming for what is being described by some as 'easy money' for posting one or two paragraphs.
There are some already here who shall remain nameless who earn very well who almost never upvote their commenters or bother to curate others work. I understand people are busy however it's only fair to give back not just votes but opinion and advice when you are rewarded so well.
My concern is that you'll have cliques of Fakebook 'stars' and their followers only following and supporting each other in a big circle jerk of reward pool rape.
I'm not suggesting this is the case however it could easily happen if they are surrounded by a ready made following that has migrated from the other social media platforms.
There are many great Steemian writers/researchers here who have worked hard to develop their blogs and reps over months and years who may be decentivised by seeing little effort gaining huge rewards.
What people do with their rewards is their concern and would never judge anyone for powering down or removing SBD, it's a free world allegedly afterall!
Thanks for posing the questions @jimbobbill
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If they post a 3,000 word article that took weeks or months to write, I don't think that's "posting one or two paragraphs with little effort" to "rape the reward pool."
These people write or speak for a living. Their incomes have been slashed by youtube demonetization, censorship, and the like. I don't think them using steemit is a bad thing. If you relied only on income you could receive from readers, it would probably incentivize you to get on every platform possible. That's what we're seeing.
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I never said anyone using Steemit is an bad thing in fact the opposite is true, the more people trying to educate the masses in the truth of our current paradigm the better.
As for this statement........
How does that even equate to what I actually said?
And this.....
You're preaching to the choir. I'm well aware of what's going on.
This is what I said......
And it's more about the wider Steemit community being ignored by new adopters who only follow those they followed over from other social media platforms and not assimilating into the great medium Steemit has become.
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My comment was directly in response to what you said, namely:
"what is being described by some as 'easy money' for posting one or two paragraphs."
I countered that with the example of very long articles that took significant time and effort to produce, as exemplified by Suzie Dawson's Steemit acct. That is hardly posting a couple of low-effort paragraphs for hundreds of SD.
That's how my comment related to "what you actually said."
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Yes, but it's not really a counter arguement is it?
I'm aware long articles are different to 2 paragraphs which is why comparing the two is ascenine. You compared them not me.
None of the points I made had anything to do with those who we're sadly named in the post.
It's about those who drop a picture or a link or 1-2 paragraphs and expect huge rewards for little content/effort nothing to do with those named.
I hope that clears it up.
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You've made some excellent points and observations @tremendospercy
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Stop crying and start posting better quality material if you want to do better on Steemit.
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I don't think that you're crying but quality content ultimately gets discovered and supported on Steemit and if it doesn't it should. How long that takes I do not know. Some people are discovered fast, some give up too early and allow their content to stagnate.
I think a max % of the reward pool going to any one account is worth considering. The way around that would be to create another account. It is inevitable that an influx of people are going to come to steem. That should increase the value of Steem and Steem Power for all of us which is a good thing.
As Steem grows it will become more and more attractive to outsider observers. Similar to how a parent may worry about their little girl going on her first date. Steem is maturing and we can't keep our project secret forever. Some of these people can bring a lot of people with them. If it causes problems then we will have address to them.
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Hey there @jimbobbill :c) Thank you for posting about this topic. It seems that us light-weights on the scene are a lot more inclined to try and figure out precisely the kind of conundrum that you describe above.
Of course there is another side of the story. One would hope that with every star would come an influx of faithfuls - and that these would themselves feed value to the Steem blockchain.
However it does seem that there is something missing. As you are aware I did delve into this some 3 weeks ago, with a few ideas of how the rewards system could be re-imagined - but the best that I came up with at the time was a redistribution system favouring content of longer term significance.
Honestly I have to admit that Steemit has been painting itself towards encouraging facebook-grade posts of momentary significance (there is certainly no in-built motivation for solving the next great puzzle)... but I digress.
I personally don't mind people cashing out on their hard earned steem. All the best to them I say. I 'do' however mind seeing 60-second memes rewarded like they had been crafted pixel by pixel over 6 hours... just because users associate the posters name with curation rewards. It disrespects those of us who are not golden children of the blockchain.
(And to those who would try pull the "you aren't entitled to {XYZ}" line - I respectfully claim in preemptive response that they may well be missing the wood for the trees!)
Thank you again @jimbobbill. :c)
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I believe it might affect steemit if it is not corrected,high profile steemians are suppose to be supporting the reasonable rookies ,i mean those that have good impact on steemit not those that are here for the reward,i believe steemit is more of its community impact not only about the rewards.my view
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