RE: Why you should vote for @themarkymark as witness
Thanks for your answer. For what it's worth (probably not much) I think the many (most?) witnesses are taking the easy way out and shirking their duties. I understand we have a strong ideological slant toward anarcho-capitalism amongst the powerful here which is part of the collective decision to do nothing about it.
As you say yourself, it would require a large bias to counter the pumping. So a small bias would have the effect of rewarding authors (the real creators of value on the platform) without crashing the SBD.
We also need a stable pegged asset for commerce. We lost it and are in danger of falling further behind in the market cap rankings. Curation incentive is also now dead. But we overlook these things for short term gain of a temporarily pumped SBD.
Anyway, I'll cut it off there so I'm not ranting at you. Thanks for the time you took to reply.
I think a lot of witnesses have thought about it and actively chose to do nothing, and a lot are just not here to care. So it's a bit of both.
I think authors are being rewarded pretty damn well already with SBD being so valuable.
1000% agree with that, I put a project on hold because of that. Witnesses just were not given the tools needed to accomplish that effectively.
You should ask questions.