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RE: 2019 STEEM silver round now on SALE

in #steemit5 years ago (edited)

They are 1oz of 99.999% pure silver

I'm sorry, but I only accept silver of purity of at least 99.9993% :)

I think these coins you've minted are really cool. The downvotes are entirely a response to the bid bot stacking on this post.

For the vision of Steem to work, content creators need to be able compete fairly in a level playing field for the attention and votes of stakeholders. Only through this process can we reward content based on its appeal which can hopefully lead to higher incentives to produce better content, more eyeballs, a higher price, higher still incentives to produce even better content etc.

When vote buying became normalized, this process of a potentially positive feedback loop was completely undermined. On the one hand people made a profit the more they bid on their post. On the other hand vote sellers were getting returns in line with 100% self voting. Effectively the process of transferring value over to good content creators was severed, and we were left with a broken system. This is the predominant reason why stakeholders such as myself, now armed with free downvotes, are fighting to restore honest voting over vote buying/trading as the norm. Because only then is it possible for proof-of-brain to even have a chance of working.

As you can see from smooth's response, a project like yours can gain traction and generate immense interest and support without resorting to vote buying which severely undermines the integrity of our system (even though in this case you got his interest by undermining the integrity of our system, but ignore that part for the sake of my argument :p).

Thank you for your understanding.

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Why is this comment being downvoted and hidden? Even though I don't agree with the downvote on this post, his comment (explanation) is valid.