So i read all kind of posts about it, people that are sure it will be great, people that are sure it will suck...
So the overall idea is to make people curate more, stop self voting, get the bid bots and vote selling under control...
Now i am not a mathematician and did not go to much in to the curve but it will start low and as votes (shares) go up it will be worth more and more.
They (not sure who they are) say that the goal is to get more manual curation. That implies that everyone wants more people on the platform. Let's assume new people will not be dolphins when they register. Now they write a post or 30 and someone stumbles upon their post that has 0 votes. let's say he is a minnow. he likes the post but as he is first to vote, and the possibility that some dolphin or orca will see that post is very low, he has a choice to vote 100% and still not jump over the dust vote (dust vote is around 0.020-0.025$) and just throw his 100% vote away, or just ignore that post and vote for someone that is here for year or two and has followers that will vote for him. What will the minnow do?
Now that new user got to 20-30 posts with most dust votes on his posts, but some get to 0.50$ and then he learns that he gets only 0.25 and on some front ends not even that.
Interaction on posts will probably go down because you can't reward people that follow and comment on your posts because to get over the dust you would probably have to be at least a dolphin.
So what will new user that will not even earn for coffee, with no interaction on his blogs, after a month of trying to figure out wallets, all kind of keys, claiming rewards (that will probably not be his problem)... do? well he will say, F-u steem i am of to instagram, there at least i get hearts and kisses and cute, nice, wow, emoticon comments.
And yes of course i will now downvote bernie or whoever (never really checked who the whales are) so he/she can set up a auto downvote bot on my posts at 1% (not sure is it possible to go lower) with his free downvote pool. sure.
IT IS HIGHLY POSSIBLE THAT I JUST MISUNDERSTOOD EVERYTHING AND EVERYTHING THAT I JUST WROTE IS WRONG, SO PLEASE TELL ME IF I DID. I REALLY WANT TO KNOW.
