You are viewing a single comment's thread from:

RE: Why Rewards Have to Change... (Fair warning, this is a long one)

in #philosophy6 years ago

Exactly, but the question is how does reducing the rewards for authors help out the platform? There won't be a parade of people voting for everyone who posts a good article because now they get more curation rewards, the guys with the bigger votes will continue with their circle jerk. It is like the trickle down economy, that first you have to get the rich richer so then the excess money will trickle down to everyone, it just isn't going to happen.

Sort:  

Well it isn't happening now either. For whatever reason, be it greed, circle jerks, vote selling (some would say that's all greed), the current system isn't working. Why not take a chance on getting some of the whales that would vote more frequently using their stake productively instead of keep fighting over the crumbs that we're currently getting? Doing the same thing and expecting different results is literally insanity.

OK, I can understand what you are saying just that I don't think that option will work, the thing is I have seen a lot of changes and I think none of them worked so I am kind of skeptical on this change being a solution. I am now going to sleep it is nearly midnight here.

I hear ya, I guess time will tell, but hopefully we get it right eventually. Good night.