Youtube takes 45%. If they split 12/88, you can't sell this idea because they'd be better off taking the established approach, and this place loses out. Read the other post I wrote a few days ago to be able to understand a bit more of what I'm talking about.
I did, and I understand, my response was sort of how I view some of this 50/50 split, the EIP, and the Downvote pool, all of which I really do not like. I see all as nothing but greed for the recent proposed changes. I can live with the PALnet 50/50 stuff for now I think, not sure, but they are offering two possible check types their pal coin and steem, so will see how that pans out. It could end up being a good test case for other semi-steem chain places.
The people with only dollar signs for irises are going to see that 12% is all the artist get in the "quote" real world, so why should they get more on the chain. I appreciate the content providers, I enjoy looking and reading and seeing what they have to offer, I like that I get to decide if it was worth my time. My wife and I gave up TV partly because it was getting to be expensive, but mostly because it was becoming annoying with the commercials and poor content. On the Steem Block Chain, I do not need to pre-pay for content that I may or may not like. What other entertainment system offers that? I use to spend lots of money going to the movie theater, only to come away and think that was a waste of time and money.
I really really do not want to see the artistic and non-artistic content produces start to go away because of the greed of a few at the top that try to control the steem flow. I like having all the choices that are currently available, and that even if some asshat slams a post because they don't like it, does not mean it is not still available for me to see and view it.
I've watched plenty of solid producers leave. I don't know what to say anymore. Thousands left because of a handful of people.