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RE: SteemWorld Support tomorrow ON or OFF?
The expectation of many stakeholders is that if you want US to pay you to develop it, we want to see open source.
As far as I know not stake holders are paying here but rewards for the projects are taken from the rewards pool. It's true that stakeholders distribute the funds by their votes ...
Reward pools are funded by inflation, which is a tax on stakeholders. It doesn't just appear magically at no cost to anyone.
It is a tax on all users. Especially also now content creators 'pay' with lower post rewards - so they also 'fund' the SPS.
I don't say you are wrong, but inflation which hits everybody is not the same as if a view stakeholders would fund any project directly from their own money.
And: inflation impacts you anyway, if you vote for any proposal or not.
No it is not. If you have literally no STEEM or SP (which is possible, since zero SP accounts now get some RC allowance), neither the value of your stake nor your share of ownership of the total supply declines as a result of inflation.
For everyone else, the effect is proportional. Someone with 1000x more stake is paying 1000x more.
No, stakeholders pay all content rewards via inflation too. Content creators receive content rewards. There is a huge difference. What happened with the enacting of SPS was that a share of inflation that stakeholders pay to content rewards was shifted to SPS. Either way it is still stakeholders paying it.
Sure, but I'm absolutely going to vote in a manner that I believe spends (or does not immediately spend) those inflationary rewards in the manner that gets stakeholders the best value for the cost. If i lose the vote, fair enough, I can sell my stake or accept the disagreement and recognize that you win some and lose some.
Of course I mean everybody else. :)
But there are also 1000 x more small accounts than big ones, which all also pay the inflation - which is altogether quite a lot. Of course we can also call them 'stakeholders', too, but I guess you had big stakeholders in mind when you wrote that stakeholders pay the inflation.
And of course you have a higher risk the higher your stake is, but also a higher chance to make profit, if the STEEM price rises (that's why you originally invested money, I guess).
Yes, that's why I put 'pay' in quotation marks. Content creator don't literally pay, but also contribute to the SPS by passing on a part of their possible rewards.
As (at least in in my opinion) 'content' is the unique feature of STEEM compared to other crypto currencies/blockchains and thus may become an important factor of a future increasing value of STEEM, I value time and effort, content creators invest in the platform as much as the money stakeholders invest.
Actually, I am getting maybe somwhat off topic here, but sometimes my impression is that (big) stakeholders tend to underestimate the value of 'normal little' users for the platform and the success of the blockchain.
In your case I am absolutely convinced of that!
And even if my text above may lead to a different impression, I am very thankful that people like you invested lots of money!
However, did you read for example the comments of z8teyb289qav9z (we all know who he is) in this post: "You fucking suck."? No constructive criticism, no thoughtful weighting of words, just flags and insults. Unfortunately, not all big stakeholders act as responsible with their power as you do.
Not at all. All stakeholders pay proportionately, and I never envisioned otherwise.
True enough. Everyone gets a vote, for better or worse.