RE: Hard Fork 21 and The War To End All Wars
$204.32 - current highest pending post on the trending page.
1,000,000.000 SP ( simulated )
$ 13.846 vote value at 100%
Sorry the vote sellers win, they and the buyers of votes are not going to loose at all.
10 million SP would put a dent in it at $138.46, leaving the vote buyer with only $65.86.
It will not help what they are hoping it will help.It will only drive more traffic to the vote sellers. They may need to decrease their fee's slightly, but with the 50/50 reward split, they will likely be able to do just that. The vote bots and sellers are the winners in this hard fork, the content creators are the likely losers. But it may work out, it may solve the perceived issues with vote bots, vote selling, and shit posting. I myself do not see it as being a solution, but I do not have a degree in economics, nor do I understand cash/vote economics. I mean the experts in that field would not leave people astray now would they. I am positive it will have no adverse impact what-so-ever on the steem economic ecosystem. We should all want the orcas to be able to make and take as much as they want out of the system. it does after all benefit everyone for them to do well, then they can turn the faucets on and let the wealth re-trickle down to the down trodden.
There will be an adjustment time for the bots, but they will survive.
Trickledown does not work. Proven time and time again. The rest i generally agree with.
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That would be a loss of about 70 dollars for the buyer.
Yes but the reality is no post is likely to be down voted by anything even closely resembling 10 million SP. I guess we wait and see, I honestly do not see the down votes working the way they envision of being used primarily to adjust rewards, prevent plagiarism, and low quality (shit) post. The reality I have seen with out the free votes has been to control what is said, to abuse wrong thinkers, to harass individual, to basically be used as an abuse people tool. I do not see that attitude changing just because the down votes are free.
There is no mechanism to down vote the down voter if they only down vote. There is no mechanism to know who is behind what account that does random down voting. Yes is does not matter how much a 25 rep account has SP wise, they are not going to hurt the persons Reputation Level. They are still going to cause strife.
There might be some of that, but if the rest of the community do something useful, the benefits outweigh the disadvantages. Problem is, that most who want things to improve aren't willing to pay the price to improve them.
"it will turn out worse than before, but it might not".
Sounds like your type of math: idiot.