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RE: HF21: SPS and EIP Explained

in #steem6 years ago

Hello,
I'm not a tech freak, I'm an ordinary not even middle class user.
You guys forget one thing :

Content creators are everything for Steem and every dapp build on the system.

To tax these users And cut rewards And to help that their content get more punished is the wrongest decision ever.
Especially during a phase where the Steem price is down anyway.

The best way to destroy a platform.

To reward punishment will build a more worse climate on Steem as it is already.
As I mentioned before already, I'm not a Dev, but there are for sure other possibilities to fix the system.

You can build one dapp after the other, if you have no creators they all will be useless.

Have a great day, good luck
Tom

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I suppose the way not to be punished is not to post? Or not to post under the same account? I don't know if this will work but the community is free to try.

This should be seen as an investment to increase the features content creators can make use of. These proposals will be created by community members who will have ideas that will benefit all users. As it is steem provides very little value. This system will allow us to quickly expand our use cases and features. Wallet mobile apps, e-commerce solutions and more will make your investment and what you earn worth more if these can provide enough value.

This also lowers our dependency on any organization. Making sure steem can last a long time and have continued development support. Without the development of the backend and frontend technologies, there is no service for content creators to make money on. Yes, users are important but without good development, there is nothing for users to make use of.

This is an investment in our chains feature and I mean our chain because we all decide by staying power up that we believe in the community. Steem can no longer only be the taking community that it has been, we must invest in our future or we will continue to slip in the ranks of coins. Someone will just fork steem and do what needs to be done if we don't.

Who's to say someone won't come up with a proposal to allow the ease of user registration. There is many benefits that can come from these proposals.

Then tax the holders of the majority of stake, rather than those who have the least of it. You call them investors, even though they are really profiteers preventing capital gains.

The regressive taxation on the sole source of value of Steem will be far worse than you imagine. The whales receive ~90% of the rewards for the content created by those receiving ~10% of those rewards. The funding proposed taxes that ~10% to fund development that will profit 35 whales most of all, and who won't be paying for it. The witnesses are dependent for their income on the votes of those whales, and this funding mechanism is perhaps the most noxious example of corruption I am aware of, since it has been proposed by the pet witnesses of those whales.

The consequences of incessant and rapine profiteering cannot be supported at a higher level than is extant, and HF21 is going to approximately halve the rewards received by content creators. That will be a disaster for Steem. Users will abandon the platform quickly, and angrily. The price of Steem will plummet. Market cap will decrease further.

I predict that three months after adoption of HF21 the price of Steem will be ~10% of today's price. It won't matter if you change your mind then, because it will be too late to try to resuscitate Steem after so much disingenuous rhetoric and blatant profiteering. The world will lose this chance to create what Steem could have been, and you will be one of the architects of that destruction.

It has been determined that you are trash, therefore, you have received a negative vote.

PLEASE NOTE: If you engage with the trash above you also risk receiving a negative vote on your comment.