RE: Daily Discussion No. 5: Addressing the Paid Upvote Bot Controversy - Calling a Spade a Spade
Again, I harbor neither delusions nor desires that someone like @blocktrades should launch himself into altruism.
What I DO expect is a degree of due diligence in terms of exercising financial wisdom. I expect someone who has $5m to look at that and think "How can I best support this investment so I have $10m two years from now?" Well, best way to do that is probably to take supporting actions that will help double the price of the Steem token...
One of the challenges we face here is that for many of our esteemed pre-mining rich whales this is the first time they have had "a lot of money." This isn't necessarily "smart money" sitting at the top of the pyramid... I expect much of it is more like "lottery winnings" and lottery winners are notorious for frittering away their winnings and ending up dead broke at the end of five years.
One of the positives (a small one) I got out of the blocktrades post was that he DOES have a longer term perspective in mind... and that's my issue, too. I am just not that concerned about my payout on THIS post... I'm concerned about there being a place-- 5 years from now-- where I can still post and perhaps earn a reward (or perhaps not).
But it often feels like I am in a tiny minority, with that kind of thinking...
Very good insight!
I know it. But, I always have been, and often a minority of one. At least a lot of folks are in agreement that there are problems that need fixing. I'm not getting a consensus of agreement with your epiphany that paid votes are advertising - despite that many bot owners say this themselves - I think mostly because people don't want to end up in the promotion feed, and want to buy votes.
Again, long term strategic thinking...