Yes, this is one of the main complaints about steemit and I complained about it a lot when I first started. Instead of giving up I learned how to use the system so that when I make quality content I get supporters. Once we get support from the community - for our own merits - then we will be upvoted and the rest follows.
The counter argument to the issue about vote stake weighting is that there is no money to pay anyone unless investors stake money into the system - so the ability for them to determine who gets paid out is one that is considered undesirable to detach by those who have most control over the rules.
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I didn't realize the image was clickable (new idea for a product suggestion), the post is still recycled news - I shared that exact same video on Facebook a couple days ago. Honestly, I'm not too concerned with earning Steem via content creation, I'm more interested in earning Steem via product suggestions and ultimately using Steemit as a platform for finding the most interesting and original content available (right now, it's a hit or miss with lots of misses). While I understand the current voting mechanism (namely, the ability to purchase voting power and "control" payouts) helps to fund the technology, it's ironically centralizing power on a platform that is supposed to be decentralized.
Yes, I agree about the centralisation issue and that is why I stopped using steemit quickly after starting months ago. I run my own social network that is entirely non commercial and I actively work to completely end the use of money on Earth. The reality though is that it is very, very difficult to live in Britain without money and so I like to do things that bring me money which are in alignment with true principles of liberation and free will.
I continued using Steemit because I found that in actuality, many of the 'whales' here who have the ability to make big upvotes and draw content to the attention of others as a result are actually decent folks who think similarly to me - so I got support. The system is certainly not perfect and I work, as a witness, to improve it - however, I meet resistance from those who are not so open to change as I am.
btw, downvotes typically harm the reputation of the receiver unless they are higher than you in reputation - it's generally not a great idea to downvote content willy nilly as you can get involved in a war which sees your own reputation sent down the toilet fast. I don't do that and am not threatening you or anyone here - but I have seen many newish users have to shut down their account because of 'excited' use of downvoting.
I've yet to downvote although I've flagged--- it's not clear exactly what that does to either party. If downvoting is so punitive regardless of its relevance, what's the point of having a downvote feature? Either way it seems trivial in comparison to the larger issue at hand which is
the overt centralization of power. I'm optimistic this will work itself out in the long haul, but Steemit has a lot of work to do.
flagging is basically downvoting - they are different words for the same thing in the steemit world.
flagging is intended to be a mechanism for removing abusive, spammy posts from the system - once a post goes into negative payout it becomes hidden in the site. it can still be unhidden so it is not completely censored, but it will be less obvious than other posts.
flagging also lowers the reputation of the person being flagged and removes their payout - but it is all relative to the reputation and steem power of the person doing the flagging. a user with lower reputation can flag someone with a higher reputation but it will not effect the reputation of the one being flagged at all. the idea is that respected members of the community (based on their ability to gain reputation and upvotes) will have the ability to quieten people who go against the will of the community - although there is no way to completely remove or completely silence anyone under any circumstances (afaik).
ultimately the centralisation of power is a problem that is a reflection of the entire concept of money itself and the capitalist ideology of imbalance that our societies are structured with.. so it's no surprise that a social network based on similar mechanisms will have similar problems. if you read the whitepaper you will see there is built-in allowance for redistribution of wealth here.
i have never bought any steem with money and everything i have had from this site has been a result of my own effort to provide value here - you can either provide value in terms of posts, services or in terms of financial 'stake'.
I don't have any problem with capitalistic ideology as long as the right people are being rewarded with the end result being "the best" content. A capitalistic ideology is necessary to incentivize people to compete and produce "the best they can." Unless you're saying that 2 writers who work equally hard yet one is popular because his/her blogs are original/engaging and the other isn't because his blogs are uninteresting/ unoriginal - should those 2 writers should be rewarded equally or similarly? N-O. Because when you reward shoddy content at the same or similar rate as stellar content, you kill the incentives for people to work harder and produce. Why would I work my butt off to create a masterpiece when other blokes are being equally rewarded for unoriginal or inferior content? I'll just work as hard as the common denominator, now all the content sucks. Granted, I'm using an extreme example here but at its root, I'm describing a socialist ideology. Capitalism is not perfect and it can spin out of control, but at ITS root it fuels competition. With Steemit, being in a creative space that is competing with "the best" - Reddit, Medium, Twitter - top talent will be needed to grow and sustain.
I disagree with that. When you are doing what you are truly passionate about, you will do exactly what feels good to you and just because you enjoy doing it. That is the balanced way that has been mostly lost on Earth while so many strive to 'be the best' in a subjective arena which typically lacks the loving bond that society needs to both be optimal and peaceful. The idea that capitalism is the only way that people will create things is not really one that is supported by the lived experience by the most creative people - it is more of an idea perpetuated by those who are less creative and who seek to exploit creativity in others.
I prefer to fuel co-operation than competition and I prefer peace than conflict.