Steem has a distribution issue. A few people are going to tell me that other projects also have distribution problems and they will be right. It matters more on Steem because we are trying to create a "Wisdom of the Crowd" situation when it comes to Content and our voting system on what is valuable content.
A natural solution grew out of Supply and Demand.
Some people had more voting power than they want to allocate using their votes. They do not want to curate content, but they do want to get value for their Voting Power. (Voting Power is a bi-product of owning Steem Power)
Some people did not have enough Voting Power and they wanted to have more.
So a natural market developed in Delegation and later the bidbots. This allowed end-users, Developers and even people outside of our economy to purchase a vote and promote their posts. It is a natural business case born and sustained by meeting an actual market need.
This model which grew naturally to meet a real need is really one of the only economies on Steem which grew out of a natural supply and demand situation.
While I realize some dislike this market it also simulates other social media and content site which to me is just more proof it is beneficial and shouldn't be messed with.
Pretty much every Social Media and Content platform has a Pay for Visibility aspect to it and some people who don't understand supply and demand who rail against it.
While I watch the community fight over Curation Rewards and how to allocate the inflation pool and so many who complain about the value of Steem, who do not realize if you go to trending you will find a list of people who have purchased Steem and bought a vote from someone who had a vote to sell and did it by choice.
The problem isn't that you can buy votes, the problem is the lack of curation by the community and the bidbot owners alike.
If we had more people and more competition for those bidbot votes they would not be profitable and people would use them to promote material that they really thought was worth promoting.
We are not going to attract new users by playing with our own chain. The next few hardforks:
Let's drop a UNFUNDED worker proposal system.
Then let's play with our own math.
Based on the speed of our development cycle that should push us into the next bear market! Yes, I'm being a little bit snarky
FOCUS people we need new users and investors not to fight about our own math and jealousy over content.
@whatsup