Every day I come across one or two articles discussing bid bots and how they are bad for the system and curation. Though jury is still out on this and I don't have a strong opinion in favor of or against them, i play both sides. On one hand I do think that bid bots are hurting the system by changing reward allocation, on the other hand, they also give power to minnows like me to be able to highlight my work and get paid some for it.
But I often play with this idea of what will happen if delegation is banned by steem team and all the current delegations return to the original steem owner.
Delegation as the name suggests is a way to share your influence with someone but it is usually rented out instead to make passive income. If all delegations were to stop, wales will just power up their bid bots directly from their account and nothing will change there but for the minnows, they won't be able to make this passive income. Instead if they want to earn, they will have to manually curate content.
Dolphin bots which are running on delegated SP will either have to shutdown or get more stake which will push the price of steem higher, in turn making the rewards higher. Active users will we rewarded more and quality content will gain more attention.
What do you guys think about this? Lets get the conversation going in the comments below.