RE: Steemit's messaging to Mr. One Percent is dead wrong
Well, I read it, @adarshh, and it added to my frustration and increasing feeling of futility in dealing with the Steem Several Layers of Complexity you so skillfully outlined.
Being relatively new here, I was met by the same confusing culture shock others experience, and as I settle into one of the layers, I began to suspect that the next one existed. Finding that it did was a bit deflating...and on and on and on.
My first impression of the platform was that itwas a wonderful way to collect a real, human experience archive that was not filtered data; effectively a giant library that would allow unfiltered experiences to be available to the world.
Instead, it turns out to be a big slot machine designed to reward those who buy ownership in profits and to use volunteer creators to donate their intellectual property to benefit the investor class. Tools are even available to automate the profit distribution to the One percent; tools that would be patently illegal for a licensed business enterprise.
One can hope that changes will be made, but it is doubtful that the one percent will begin to feel guilty for making so much easy money when they can upvote a "Hello, world" comment and make another thousand dollars.
Yet, the 99% keep plugging along and the good, honest ones taking pride in their creations and avoiding the dishonest upvote bots.
@willymac, your perceptions are off the charts. i think if steemit is honest, it will admit that it is a microcosm of society. Instead of disrupting the status quo, it has embraced it. if you remember, blockchain emerged as decentralization of wealth. but Steemit is proving that it is a mirage.
after i read your comments i realized something. if you can earn by investing and self promoting, then we are into a capitalistic version of the blockchain. all that transparency does is to then highlight the power of money to those who dont have it.
my hope is that Steemit will right itself before long by treating writers on merit.
I just completed a re-read and you are faultlessly correct about Steemit being a capitalistic version of the blockchain that appears as a giant wealth pyramid to the 98% who form the base of those adding and consuming the product Steemit was designed to nurture. The wealth accumulates upwards and the only practical way to attain heights is to buy your way upwards through investment or bribery via bidbots.
Adding another rule-based barrier was the assigning a one week life to everything, essentially ending the lifespan of art that could endure and sustain an income stream for the creators. I know the restrictions in creating blocks in the chain, but if counts can be kept on past activity, surely a method of allowing upvotes on older postings to reward the authors could be implemented.
From an author's viewpoint, hat is like allowing a book to go out of print after a week so no other copies could ever be bought.
Many things need to be fixed to convert the capitalist model into something more functional for the distributed environment.