You are viewing a single comment's thread from:
RE: Open letter to @trafalgar and the rest of the community about bidbots
It's like their fine with steem dying... Makes no sense. Maybe they just don't have the brains to make steem profitable enough for them? Disgusting.
Because of rampant market speculation, BTC was overvalued, this created a lot of false expectations in other cryptos like Steem. So, Steem holders who did not sell at the peak $12.00 are kicking themselves and looking at ways to "fix" Steem’s value. However, the truth of the matter is; the current valuation is the more realistic one, and as painful as that is to folks, it’s nothing to scoff at.
What they're doing now is trying to shake up the applecart, and artificially boost Steem's value in an attempt to draw in potential investors by convincing stakeholders to reverse-curate. They are pushing from the top down a culture for #newsteem, one where people are encouraged to engage in rampant downvoting as a reckless attempt to "save" the platform.
In essence, their approach is: "If it doesn't fit, force it, and If it breaks, it was meant to be replaced anyway." when in fact they should have gone with the tried and true adage that: "If it ain't broke, don't fix it." That's not to say there's no middle ground, but the problem with downvoting content is that it's unnatural market behavior. It has no real-world parallels and only serves to chase off content creators and would-be investors alike.
As you illustrated in your post, a more logical solution to the problem of trending is to overhaul it in new and creative ways. Your idea is so much more productive than trying to manipulate the entire platform into becoming assholes. But hey, let's let'em fux and fiddle with shit, stick around and watch Rome burn. I'm sure there's some entertainment value that can be derived from that.
psshh...
All I can say is that I'm glad I'm not pot committed here. I mean, I love the platform and the creativity that it can draw from people. But at a certain point, you've got to ask yourself at what cost. How is it changing your behavior? Is this a healthy behavior? I won't be drawn into the negative aspects of this platform, but I sure as shit will call it as I see it. And those people who can't quite bring to words the uneasy feeling that #newsteem brought to them, will hopefully have some clarity for their sense of unease after having read posts like yours here, and the comments that it has inspired.