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RE: Details on Proposed Comment Reward Curve
only because comments do not have curation rewards in the next release.
This will reduce curation reward a lot which is currently the primary incentive to buy steem power.
Steem should slow down money distribution to people who don't buy steem power. This is not going to end well . All effort should be done to rewards those who actually buy steem power.
https://steemit.com/steem/@snowflake/steem-inflation-a-tool-to-create-demand
That defeats the purpose in my opinion. The purpose was never to reward those who buy steem. The purpose is to reward participation on the platform because that distributes the currency to as many people as possible. That includes bloggers and commenters. Remember that steems value is speculative, so what 38% is worth now, will have completely changed over time and especially after recruiting a larger user base of commenters rather than just bloggers and curators.
https://steemit.com/comments/@beanz/why-should-commenters-make-38x-more-rewards
The reason people want steem is because it has value, if it was worthless people wouldn't give a fu* about it, so you have to make sure to align incentives with people pouring money into the system aka investors. If it was guaranteed that minnows would gain more influence I think it would probably be a good trade off and I'd go along with it, but whales will still be able to upvote and so I doubt minnows will gain much and be incentivized enough to buy steem power . This problem needs to be dealt with at the root. Btw I think that steem won't survive long term if 100% of the voting power is not given to the 99.8% so I am very into the idea of giving minnow influence but the way it's being done here bothers me.
The reason, why not say The only reason..
It's not just about investing capital but about investing attention and effort, and people do that for free everywhere else, so..