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RE: Through The Eyes Of An Investor...

in #steem5 years ago (edited)

If everyone is trying to get ROI, then curation makes zero sense. Each post gets one upvote from the curator trying to get ROI, and no one else upvotes that post because they don't want their curation to the leeched by previous votes.

Also, Steem doesn't curate posts. Steem is the backend. It is the frontend that is responsible for displaying content, therefore, forcing users to obey curation distributions makes no sense, and should be eliminated from the consensus layer.

Have you noticed how the new communities popping up don't award interest to stake holders like Steem does? Steem gives 15% inflation simply for having stake powered up. This mechanic should be removed and given to users looking for ROI. This is accomplished with SteemEngine coins via Virtual Mining, but there are many other ways to accomplish this goal as well. My suggestion was to allocate those gains to people who hold funds in the bank account (locked for 3 days rather than 3 months).

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So, you don't agree with my point of that most investors are trying to squeeze out as much as possible, for their own benefit? It doesn't really matter how they do it, the thing is that they are.

Your suggestion sounds pretty neat, but I haven't looked into it at all actually. What I've written above, is basically what I see, and hear investors do. It's not my "usual" perspective, so to speak.

Yeah the new communities are some kind of sham, too hard to figure out what is going on underneath the hood there!