RE: 😨 Are You Scared Of UPVU Yet?
You touched on an important topic for me. I could never limit myself to writing posts, I always wanted to see the global picture. I'm not against automation. Automation is designed to make people's lives easier. But in automation such as bid bots, I've always seen the danger to this platform. And all that I saw you set out in this post.
I must say at once that the Steemit team cannot do anything about this situation. Their main task is to support the successful financial activities of this platform. Every businessman aims to ensure that his company is profitable. This requires investors. Investors need profit, UPVU gives investors what they need. It turns out a kind of symbiosis.
What are bloggers for? They create the look by publishing content. Imagine you are the CFO of Steemit. Bloggers will be nothing more than plankton for you.
The Steemit team supports bloggers in every way so that they make a profit and do not leave the platform. The Steemit team came up with clubs to keep the share of SP bloggers from declining so quickly. But the SP UPVU is growing much faster than the SP of all bloggers combined, so the share of SP bloggers continues to decline.
Thus, the Steemit team found itself in a situation where it wanted to help bloggers, wanted the platform to remain social, but could not do anything.
The question arises, how to ensure that bloggers do not disappear and Steemit does not turn into a mining farm? How to prevent such a situation:
from becoming like this:
At the same time it is necessary not to harm investors.
I see only one way out. Give bloggers the opportunity to earn even more, especially those in the #club100. To do this, the Steemit team will have to give as much reward as UPVU distributes, so that bloggers grow at the same rate as UPVU users. Of course, there will not be enough existing steemcurator and booming accounts, you will have to use additional resources that they have.
Contrary to popular belief, this will in no way negatively affect STEEM inflation and its price. The STEEM inflation remains the same in any case, as the pool of rewards remains the same. What matters is not inflation, but the outflow of money from the platform to cryptocurrency exchanges. The average UPVU user sells much more STEEM than a blogger in #club100 or #club75.
If you have read the comment to these words, then here is a medal 🥇 for your effort and patience.
You touch on a lot of points and I see a similar sentiment that has appeared in other replies and some discussions I've had off-chain.
Or perhaps the question is... does it matter if bloggers disappear and Steemit turns into a mining farm? Something I've pondered since reading the replies upon my first day of posting this which certainly warrants a follow-up post soon 🙂
Similarly, you and everybody who's commented deserve a trophy 🏆 for reading it to the end.