I do not think that this will remove spam, but it will have opposite effect, the new & small newcomers will have no chance to have their content visible, independent of the value of their content. Why? Because spammers will use paid votes (yes, they have the money for it) to increase the value of the spams above the dust limit. Spam will get promoted, and they will get the payout. But the categories will be filled with promoted spam, making it impossible for the newcomers to get in the hot spot.
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If spammers use paid votes, they are putting their own money at risk from getting downvoted. New users would have an easier time being discovered if the huge amount of spam was not around. Just something to think about.
Also correct! But then, a better idea would be to code in the STEEM protocol the possibility to have a limited amount of free down votes, so that the people are encourage to flag the spam (free in the sense that they should not consume voting power)
I support that idea. Basically if there could be separate voting power pools - one for upvoted, and one for downvotes - that would do the trick.
Yes, this can work. Also, rewards and transfers should not be available for people with low reputation... this would make the Steemit a completely different world. Imagine, ... reputation <50? No transfers possible! Or, ... reputation <25? All posts set to "decline payout"! 😀
That part won't fly :)
I don't think it would matter how many Free downvotes I had. I just went past the 500SP and my downvote would knock off a whopping $0.100 of a spammers payout. A person with 50SP may get lucky and be able to knock off a whopping $0.001 of a spam payout. So more downvotes are not going to help anyone other that the people with a lot of SP because then they would be able to downvote your account into the ground and not cost them a single penny. So free downvote=really really bad idea.