Yes! That is a major psychological factor in whether or not new users will buy SP.
I just want my vote to be worth $0.01 !!!
(this is the voice of the masses)
I want to see and feel that I'm making a real difference in this big old world !!!
I'd even pay $100 to be like the rest of the people on this platform that are making a difference with their $0.01 vote !!!
Even if post payouts were displayed in STEEM to the 3rd decimal place. A minnow could see their vote was worth .002 STEEM and if they paid $20 bucks it would go up to .003 - that's the incentive for users to buy. People need to see that their investment makes a difference.
Golos (steemit spin off) has done it. :)
Wow... really? Did they just start with a more even distribution or how have they achieved this?
Perhaps because their low currency price. Hehe :D
Ah, that would make sense. That's why I'm not too worried about STEEM long term... I figure the worst case scenario is that the price drops way way way down, which ironically is also maybe the best case scenario for fixing the distribution problem.
Exactly! I remember grinding and grinding just to try and get my vote worth .01. I just wanted to see the screen change when I voted something. I wanted the content creator to be able to see it too. I wanted to matter. .01 is logically very small... but is huge psychologically! Now imagine if you could move that decimal to .10 or 1.0! This proposal can do that.
Oh great, I didn't realize this proposal would make that much of a difference... now I'm really excited!
I should note that this proposal can eventually do that. I was just saying that it will give "regular" people more power. I apologize for using numbers here. I should have left that to the math people.
You know, this is absolutely true, and a very big factor for many, and very often overlooked.