We are at the heart of the matter here calamus056. You can get SP on steemit with either time or fiat. If you don't have fiat, then you have to spend time.
No reason to get upset at the folks who bring more fiat than you are able to at this moment. That is called envy. The partner to greed. Envy is not better than greed, and vica-versa.
The large whales that bring $2.5M fiat and invest in the platform, are the ones that help keep price of steem at high enough level to make payouts interesting, even for us minnows
10,000 users that already left the platform because it's not good enough could have brought $250 each over the next years to get the same result. Besides, many of them would bring even more potential investors.
I'm getting tired of the investor argument (not from you personally, I've just seen it 30 times already now). Investing large sums into STEEM gives them no special privilege whatsoever. Large SP holders specifically can currently unintentionally also do a lot of harm, because it's a huge responsibility for 1 person to control 100's of times the average stake and is unlikely to do "as good a job" as 100's of others (for statistical and time constraint reasons).
Actually investing large sums into STEEM does give them special privileges now. I get that that is what you are arguing should change.
You have at least a couple of valid points. The end game value for the platform depends on attracting and keeping minnows, and providing a growth path that many find acceptable. Not sure if 10K losses to date is unacceptable or not - no data on how many users did other social media sites lose in early days? 100% retention is not a realistic goal of course. Some losses are expected under any scenario.
And I agree that large SP holders can unintentionally do a lot of harm, as they wander through the china shop with giant hoofs kicking in all directions. Statistically 100 smaller users will provide better curation than one large bull, even if the bull is well intentioned.
Continuing series of small adjustments in the rules with very HF is probably the best way to keep tweaking so the platform can stay on a growth course.
If too large of a change is attempted at once, could end up chasing too many away, either whales or minnows, and causing site to go through a user reset - back down to 20K and then start growth cycle again.
I'm surprised that a social media site like steemit doesn't have an active tab where we see all the discussions on HF20 focused. As it is, various improvement concepts and discussions seem to be scattered all over in various categories.
Personally I would be interested in knowing - what are the changes that steemit mgmt are actively considering as candidates for HF20? When will decisions be finalized on what is changing with HF20? What is the target date for HF20 to go live?
STEEM On!!
#HF20 (you can see the related posts there) is going to be a disaster, they're focusing on account creation fees to get the platform ready for millions of users. They're not planning to fix anything in HF20, so we will have to wait another few months for HF21.
It's very frustrating for a lot of people. I can't even imagine how it feels to work on content for hours and consistently getting $0.03.
Millions of users. Whoo hooo!! Should be so much easier to find and curate the exceptionally great content.
Sarcasm. Not always 100% obvious in written form
They're working on "communities" for steemit.com to help find content. But you're right, there's sooooooo much spam (below average quality content).
Still a better story than FB
For sure, but there's always room for improvement, right? ;)
Especially when something like SteemIt has revolutionary potential!