RE: IMPROVING Steemit's REWARDS Structure - Creation of the REWARDS POOL

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IMPROVING Steemit's REWARDS Structure - Creation of the REWARDS POOL

in steemit •  7 years ago 

Sorry, mate. Your heart is in the right place; but this is a terrible idea.
Who's going to buy up steem knowing that it'll be distributed not as a reward for adding value, but just for being here?
This mindset has done untold damage throughout history; and I think you'll find a lot of the reason a lot of people like myself have chosen to invest in this place, is that collectivist ideas like this one won't be adopted.
You get more of whatever you reward.
If we reward consistent quality; we get more of it; if we reward need, we get more of it.

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I've been lurking around and posting / replying here and there. Still I'm wading through lots of crappy stuff, because steemit sends the message that your star will rise for two things: engaging bots and posting as much as you can.

The other thing I find difficult in our modern society is the question of value. How do we determine value? To me it seems we give value only to money. You have a lot of it, then you have more value. It doesn't really matter how you gained that money. To be a person, a living being, has no value. Isn't that weird? Next thought, if people just by being alive don't have any value, then nature (all living beings together) doesn't have value either. Yet we fully depend on nature to live. We need to seriously #unfuck ourselves and allow for a bit more reflection on how things work.

Not sure mate which one is a terrible idea - to share 5% of your rewards as an author to make this community grow or to make a platform that anyone can copy and members can leave at will and take their tokens as quickly as withdrawing money from the ATM. Loyalty and the feeling that you belong to something special is a competitive advantage that cannot be easily copied.

Guess it depends why you're here and what you want from the platform.
I want to write and read top quality blogs.
To attract that, we need to offer big jackpots.
Dan's original vision as per the white paper, has already been very much watered down with the change from quadratic to linear rewards.
Any more movement away from quality and towards fairness will have many investors like myself reconsidering our continued involvement.