RE: Let's talk about Steem
The no whale experiment was run my Smooth,
Yes, i was here. I saw my vote go from rounding down to .06sbd.
I saw how excited that made everybody.
Too bad stinc, et al, hurried up and forked to stop it.
Ran @dan off, too. Vote selling was the plan and he was against that.
Smdh.
We might have become worthwhile for the newbs to stick around.
nothing stops you from running that same experiment, apart from a few million SP.
Well, that and it makes less sense under linear rewards.
If we are trying to become adopted as a currency the network effect of giving coins to an abusive few makes less sense than exciting a feeding frenzy by making the math attractive to $100 investors.
As it is now 1m users have said we are a game not worth playing, but the same exclusive group is happy accumulating more making the disparity even worse.
Instead of acting in a manner conducive to diminishing the negative aspects of the disparity we have increased it.
I guess that is how stinc, et al, wants to be known.
Not interested in broader adoption.
Seems to be working for them so far, at least they have done nothing to fix their mistakes.