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What is needed to fix the steem ecosystem aside from monetary policy (VLOG) by knircky

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· @knircky ·
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What is needed to fix the steem ecosystem aside from monetary policy (VLOG)
This is my VLOG response to the changes proposed in the [steemitblog](https://steemit.com/steem/@steemitblog/proposed-changes-to-steem-economy).

I really like the changes that are proposed but also believe that other changes to the ecosystem are required to turn things around.

Currently the biggest problem for steem is retention of new users and of course attracting new users. The price decline is a result of these problems not the other way around. The decline in price accelerates the retention and acquisition issues and the inflation seems a very good think to change.

Additionally I think there are three things we need to look at as well:

- Content needs to have a longer life span than 1 day when it comes to collecting rewards
- Content creators need to be rewarded more evenly 
- Curation needs to not change the natural behavior of picking what the users like vs what is profitable.

I talk about these topics in my video. Please check it out and let me know what you think and what feedback you may have.

https://youtu.be/AaJ7mGwPshs


Thanks for reading and watching! Please don't forget to vote, follow and comment!
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 31 others
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@dragosroua ·
There is a proposal for extending the duration for votable posts after 30 days, here's the writeup: https://steemit.com/steemit/@dragosroua/steemit-enhancement-proposal-extend-the-voting-period-over-30-days-by-implementing-a-hosting-fee

There is also an issue opened at github, feel free to comment: https://github.com/steemit/steem/issues/552
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@knircky ·
That looks interesting
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@everittdmickey ·
### <center>
You say
 * Content needs to have a longer life span than 1 day when it comes to  collecting rewards
.
* Content creators need to be rewarded more evenly
.
* Curation needs to not change the natural behavior of picking what the users like vs what is profitable.
</center>

<center>
I, and others,[ Agree]( https://steemit.com/steemit/@everittdmickey/a-modest-proposal)
</center>
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@knircky ·
Thank you. And also for your wonderful post.
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@everittdmickey ·
You're welcome
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@surfermarly ·
Excellent point of view @knircky! There have been a lot of ideas regarding investment but few concerning consumption. Steem market as any other market will be defined by its offer and demand. In this special case both offer and demand are created and dynamically changed by the users. So the strategy to reward more and on a long term (at least during the first months) is evident and will work. It'll give back stability to the system and let it grow again. Lets hear some more opinions about it. Looking forward. Hugs Marly
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@knircky ·
Thank you Marly!
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