I've done a lot of thought on the distribution of Steem and the current system.
In the end, there are a lot of conflicting thoughts. I am going to just dump my thoughts in no certain order and without any specific agenda. This was originally a response to @whatsup's post but it morphed into something more.
Would Steem survive or have a purpose if everyone just upvoted themselves 100%? Might as well be proof of work like BTC at that point.
If you boil the system down, Steem DPOS is basically another form of POW mining. Everyone uses their resources to get their share that their hashing power allows, this is basically how Steem is working these days, mostly.
How do you ask someone to power up $1M worth of Steem (a high-risk investment) and then expect them to give almost all their rewards away.
Is creating a five-minute post about what you had for lunch harder than owning $1M worth of Steem?
Our problem isn't authors are not being paid enough, in fact, I think they are getting paid way too much, the problem is it is the wrong authors and quality is rarely if ever factored in.
Proof of brain is dead, long live proof of brain!
It's really damn hard to convince someone to organically curate altruistically when the system is so flawed and abused right in your face. People have developed the mindset of protecting what is left so they can be assured of their fair share (in their minds).
Just because you did something, it does not mean you are owed anything. Someone has to want it and see value in it.
Does any of this matter if we are just hemorrhaging our best users and not acquiring new ones?
Who is going to pay the bill? We are distributing large amounts of Steem but don't have people lining up to buy large amounts of Steem. Someone needs to pay the bill or the price will continue to fall. We need to have an irresistible reason to buy Steem, the more the better!
Just because the code allows it doesn't make it right, good, or fair.
Steem mimics society.
Would your mother understand how to use Steem and not lose their tokens? How do we make that possible?
How do you explain to someone who never used cryptocurrency what Steem is in less than 20 seconds?
How do we get the next PewDiePie on Steem?
True altruism is not sustainable unless you have so much money it has no value to you, there needs to be altruism and greed, preferably at least 51% altruism.
Just because you voted for something, doesn't mean you have to agree with it. Sometimes you just appreciate the effort put into it.
If Steem went to $0.07 would you be selling or buying?
Why you should vote me as witness
