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RE: "Losing 20%" : Low cost for high gain?
So basically making the developers accountable to the community – which we don't have with Steemit Inc since it's a private company.
So basically making the developers accountable to the community – which we don't have with Steemit Inc since it's a private company.
As said, getting shit together finally. No point complaining about the authority unless there is a way to take responsibility for what that authority takes care of. I think that in the end, it had to happen and perhaps it is better now that price is low. As prices increase, maybe new dev teams take an interest too.
Developers are the ones who make the magic in the end, on the technical level at least; community tells what it wants. Obviously nothing happens without developers, so it sounds like a reasonable investment to incentivise developers. Ain't no other magic tricks that would bring long term increase in value.
Agreed to the trust metric, accountability, and to attracting new dev teams as prices rise!