The nature of the economic system was supposed to entail a voting system that leverages the wisdom of the crowd. Please check the third paragraph of Steem's blue paper. They meant this key fundamental as the "smart" aspect of the token. And that's because if it worked, If Steem could harness the wisdom of the crowd, then the sum of all upvotes and downvotes would equate to a surprisingly near accurate result.

But unfortunately, all we have right now in the way of up and downvotes are just regular. There's nothing special about it that will help us to glean the crowd's intelligence. So I comprehend why you're doing what you're doing, but the function designed to arrive at the final result never worked. Now that you know the wisdom of the crowd does not work here on HIVE, why not just do like a regular marketplace?

If you like an article, upvote it, and if you do not, then why not ignore it? Unless, of course, you're sitting on some genius code fix that can salve the problem a bit. Here is how real crowd wisdom can get assessed. It's impossible to do here, but that doesn't mean we should abandon PoB. We need a new definition. It can be code dependant or independent, or a mixture of both.

But if it doesn't rhyme a bit with the natural markets, people will scoff, whine, and complain. When I see people like @steevc say: "we just got to normalize it." He's missing one colossal factor. If we keep getting new users, you have to keep on normalizing the upside-down HIVE-only behavior. It's a losing battle if we want it to sprout wings, take off, and fly to the moon. I hope our chain can discover what we're missing before the competitors do. If not we'll lose all the advantage.

Real Wisdom of the Crowd.