Source

Now... in real life, I'm all for finding efficiency and the trying to find the easiest and most effective ways of doing things... but for some things, I just can't be bothered keeping up to maxmise things. STEEM is a big case in point....I do have a pretty analytic mind due to a background of Mathematics and Physics... so, it isn't for lack of understanding of how the economic game theory stacks up... perhaps it is a matter of size of stake... if a efficiency of a percentage point here or there was actually worth more than a few cents... maybe I would bother!

... under #oldsteem regime, I knew there were ways that I should play the curation and rewards/bidbots game... however, in general, I just couldn't be bothered. I voted when I read a post instead of waiting for the 15 minute... I followed curation trails and had my vote diluted like crazy... I delegated to some projects that would vote for me, others because I liked what they represented and still others for a direct return. I posted generally when I finished writing a post instead of waiting for the best time... I wrote about things that I wanted to write about rather than the hot topic of the day.... and I would bid-bot when I had something that I thought was decent.

... anyway, under #newsteem... nothing much has changed. It hasn't really taken a huge economic earthquake for me to discover I was really a good person being held back by bad economic incentives. In fact, I'm probably as lazy as ever... I vote when I see and read a post... I still follow curation trails and have my vote (and rewards) diluted like crazy... and I still post at all the wrong times and on all the wrong topics!

That said... I did suddenly think about something earlier this week (which I'm probably the last person on the STEEM blockchain to realise...)... which was that the changed economic conditions would probably mean that some projects that I was delegating to were suddenly un-viable!... so I went through my delegations... and lo and behold, there were quite a few projects that seemed to have died whilst I was off in la la land!

So, I've retracted a bunch of delegations... with the advice that if you are a large (in proportion to your stake!) delegator... maybe it is a good time to double check that the projects that you are supporting are still alive. Nothing to do with that dirty ROI word... but do they actually have a heartbeat anymore!

Don't be a stupid arse like @bengy!

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