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steemit ''goal'' or one of its goal is the exact opposite of what you wrote as a good idea for an investor to invest. It is a free platform that everybody can upload whatever they want or things that would upload-post in facebook,instagram,personla blogs other social media and actually earn money out of that.

The though of a behind the scenes team of moderators checking what quality content is, isn't exactly fair and absolute judgment cause pretty easily if one of them was my friend he would turn the blind eye. Another argument to that would be what is considered to be quality content your perspective may be different than mine.

I am here a while and abusing the rewards pool or taking advantage of other members is a thing and a big one for ofc the sake of money. There are people who try to fight this back but as in real life the more money you have the more power. Steemit inc, if they want for steemit to reach it's full potential should make an ''alliance'' with those that fight back the abusers and in a week ''end them all''. A good thing steemit has is that nobody can hide so with little search you can actually find the abusers.

i will check your profile-blog later on when i will have free time. If you have any questions that i can answer let me know

@kendrahill, I'm just getting into this conversation and it's a great one. Here are a few of my responses for this comment - I'll keep posting more too as I progress through this conversation ;)

Your idea for "moderators" is actually quite a good idea. Steemit, Inc is already working on a similar idea that's related to the "Communities" update. Instead of moderators, Steemit, Inc is calling these people "Oracles".

These Oracles (to my understanding) will be in charge of "validating" peoples' accounts within certain communities. If the community so chooses, they will have their own SMT with it's own rewards pool and set rewards. Their token will be distributed how they see fit and one of those parameters can be for only validated accounts.

The oracle process itself is rather complex. From what I understand, it's built in a relatively unbias way.

About what you said where people are not allowed to upvote their own blog posts - that's actually not true, you can hit the upvote button on any of your own blog posts as you see fit.

For Reputation - I think there's a lot that can be done with rep scores. I used to look at rep scores as an indication of somebody's "age" on Steemit. Now I mostly ignore them.

I think that the communities update will also bring a new type of "rep score" system within certain specific communities who choose to create such a system. We'll just have to wait and see though!!

Great stuff here!

what you mentioned about the reputation and explaining a bit further the moderator thing, i believe those are things that should have been from day one. Now it's impossible to make that happen, they to change it completely cause given it's current state literally it can not be done. The thing is while i am on the same page as you regarding the content, cause there are a bunch of people that try to make quality posts and therefore to make the community and steemit even greater and there are the others who are basically greedy and try to earn easy money.

Even if they cast those aside ( which i hope so) still it can't be 100% fair. For instance you make a quality post about investing in ripple which contains 4-5 paragraphs and a person with high rep here or loyal followers posts a meme and you get to earn 5cent he get to earn 80$ (this is happening). Even if it seems 100% unfair and it is, the ones who upvoted the meme will reply ''we just like it'' '' you can't tell us what to like or vote'' see?

I hope you manage to create something better and fair, i would be the first one to join! :P

a good thing steemit has is that it's a multi platform. You can earn from blogging, you can earn passive income for delegating, it has way too fast transactions and you don't have to wait hours like in bitcoin, it can support many apps based on this platform ( and there are too many in such a short amount of time), the smart tokens are very promising and it can also be use just for advertising your crypto,company or whatever.

I think they are the first ones to achieve this. Most of the previous cryptos tried to focus only in one of those aspects. I haven't yet checked appics but it's in my to do list. Once again i hope you manage to do all this. You later on dream with the city reminds me of what Akon ( the singer) wants to do. The hard part will be to find those other people that have both connections and shared your vision ( cause probably most of the ones with connections only care about money)

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