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RE: Let's Fix Steem By Drastically Modifying Inflation!

in #inflation5 years ago (edited)

Who's going to want to invest in Steem when they know a few dozen people have the power to change it in any way they see fit?

They found us didn't they? lol

Separate flagging pool.

An interesting proposal, one that is interesting for me based on the have nots arguing for it as if it was a great idea. And make no mistake, the Dolphins are part of the have not group if the initial whales decide (especially the one infamous for destroying accounts). Flagging is already dragging out much of the quality "trash" around here, this will exacerbate the problem for sure. Despite learning the true foundation behind this system, I would probably be sticking around, at least longer, if it weren't for so much of the trash being taken out, or others leaving because of it from those in their circles.

Worker proposals

This could be a great idea, however, the governance of such a system will obviously be controlled by stake holders. We already pay 10% to the witnesses to secure the network, doubling that tax to 20% to include worker proposals seems pretty outrageous to me. Regardless, as far as I'm concerned, this is the only idea that has any merit whatsoever.

Not a fan myself. If someone has a good idea for business, they should either be able to fund it or get the voluntary backing they need. Why should I or anyone else here be forced to fund someone elses business. I know they say we all benefit from it, but I don't see any proposals for making me part owner of the successful venture if it was to become a hit and make millions or billions. Who says they don't jet like Drug wars? Suppose this was applied to the Steem engine or Steem monsters sturctures. They make the bank from it, we make the loss from funding it? Did those profitable ventures really help the valuation of Steem? If so, it scares me to think of what Steem is worth without them.

At the end of the day, the owners (yes, the large stake holders own this chain, everyone else here decides if they want along for the ride) will do what they want. As is their right. Just as it is the right of the rest of us whether we believe with our wallets that the direction is good for us. That is the only way this is in any way a

community decision

As the founders with the bulk of the stake, it is their baby to make the

decision being made at the hands of Stinc and the witnesses, and that should give everyone pause.

Pause, decide if you can live with it, and stay or go. That is the only option to the majority of us being any part of any "community" decision here.

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