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RE: Improving the Economics of Steem: A Community Proposal

in #steem7 years ago

Am I missing something here? Are you proposing to take rewards away from Creators for Curators? I'm just catching up to this proposal and I've been seeing a 50/50 split bandied about.

As a creator, I cannot agree to this proposal. Creators should get the vast majority of the rewards on the system and right behind them should be witnesses and then finally the Curators.

If you want to make user retention better, stop focusing on the false promise of rewarding what amounts to passive participants with money and make the Steem Network easy to use. 100% of people who I've gotten to join give up after two days because of confusion and not enough INITIAL SP to explore the network. They don't get to vote and get confused about "Powering Up".

You're tinkering around with a car engine and ignoring that your car doesn't have seats for drivers. It's unreal that you think that just by throwing money at users that you'll get good curation. Users love the experience of sharing and commenting. They'll do it without compensation if the system is effortless to use.

This kind of thinking is killing the network. Remember the famous adage, "Keep it simple, stupid" and look at the experience from your run of the mill user and you'll get better retention.

Why is this so hard to understand?

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The answer to your questions are in my last 100 posts.

Steem is an experiment (says it on the last page of their whitepaper).

It is all about lining their own pockets as much as possible, they have zero intention of making this actually function.

By making curation more profitable the whales that do little to nothing other than line their own greedy pockets can further profit.. leaving all of the creators in the dust.

It has nothing to do with giving you the user a better experience, it is just about squeezing as much money as possible out of this puppy before the total implosion.

Lastly 40% of the top 20 witnesses are in power down.

60% of the top 100 witnesses are currently in power down.

They know it is done. They are trying to trick people into buying in.. so the price doesn't tank as they exit. Then you will all be left with nothing but worthless shit coins.

Cheers

You're a waste of space. You've been flagged like the trash you are.