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RE: Automating Steem's Distribution
You changed the whole system of steemit..i don't know how your idea will work but steemit/steem need improvement in wealth distribution. The idea of increasing curation percentage form 25 to 50 is really good for this platform. I want to know.. what is views on bid bots ...are they killing the system??
Bid bots are never a good idea to begin with in my opinion, since it's largely content agnostic..
People should just use their flags more and moderate the content.
Agreed, but now even distributing votes are making users lose out about 6-7x compared to accumulating votes (selling, trading, voting self), the flag's not gonna work out well when incentives are so lopsided.
I think this must have been widely and exhaustively discussed, but what if VP is separate between upvotes and downvotes. would that make less of a lopsided incentive to moderate content better?
Cynically thinking this might trigger an all-out flagging FFA but really isnt it largely already what's happening to the upvotes nowadays?
perhaps more meditation on the subject is needed.