You are viewing a single comment's thread from:

RE: The Number One Fix to Improve Steem's Chances for Mainstream Adoption

in #steem7 years ago

So, buying btc, eth, or any other coin and holding is insane?
Yes, steem allows roi by being active, but if whales are destroying the interest of others in playing along by doing so, that is insane.
Mass adoption is the main goal, is it not?

Nobody likes that the massive accounts suck the air out of the room, they dont like the pay to play, nor the people doing it.
Those massive accounts need to wake up to the fact that they are best served by mass adoption even if that means not maximizing roi under the rules.
When tens of thousands of minnows start to buy 20usd a week in stake the whales benefit the most, that isnt going to happen while they are making the game unattractive to those specific players.
Why would small investors invest if it all goes to the massive accounts and they have no hope of making roi, themselves?
Let alone in large numbers.

Making 100 dolphin accounts would be fine if they didnt selfvote or circlejerk, if it spread the rewards farther, that would be a good thing.
I thought spreading sp came with a cost under nonlinear rewards?

Even if the massive accounts sold every last steem, they could only do so to willing buyers who could then start building what steem could be with out the massive accounts greedy grubbing it to the detriment of everybody else.

Sort:  

So, buying btc, eth, or any other coin and holding is insane?

Committing to holding anything for 13 weeks without receiving anything in return for that commitment would be insane, yes.

When tens of thousands of minnows start to buy 20usd a week in stake the whales benefit the most,

The main thing preventing minnows from doing that isn't that whales are circle-jerking, it's that 20 USD doesn't buy them any noticeable amount of effectiveness. That's probably the biggest problem for mass adoption on an influx-of-money level.

Why would small investors invest if it all goes to the massive accounts and they have no hope of making roi, themselves?

This isn't happening. My ROI is ridiculous and I spend a lot of time and money I don't have to on community-building.

Loading...