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RE: Will Referral Bonuses KILL STEEMIT?
A referral bonus has always lead to scamming by people or manipulation. It is better for Steemit to grow organically then incentivized for my opinion on this.
Steemit has a vast area of free promtion already which comes from organic search engine results which are more powerful then any incentive program out there. Literally millions if not a good billion page views happen on steemit every day because of high quality posts and users who understand SEO to get their posts ranked on high quality keywords with lots of traffic.
Yeah, that's true sir. But other incentives other than referral commissions wouldn't be a bad idea I think.
Referral commissions are overall bad ideas. The money has to come from somewhere and the quality of referrals are usually terrible. Prone to abuse as well. Have seen this happening over and over again in multilevel marketing stuff.. @bitcoinflood made a great point.