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RE: A case for eliminating curation rewards by gduran

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· @gduran ·
Eliminating bots would be great, but without incentives, who would vote?
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@clayop ·
Who gets more psychic income (by being influential) will vote, while for-profit bots obviously won't.
Assuming an extreme case. If no one votes except one person with 100 SP. Now, 100 SP makes any changes on rewards, but in this case he/she can give a whole reward to a post/author by upvote. If the one were you, would you vote or not? That voting must be much more enjoyable than now, and will give more psychic income. I would say, he/she definitely will vote.
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@abit ·
Nah, if there are a million posts on the platform but he/she can only give out one vote, perhaps he/she won't vote, for the fairness, or lack of resource to review all posts to find the best one.
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@clayop ·
He or she will vote while there's less financial income but psychic income still remains
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@gduran · (edited)
Boy you got me with psychic income, now I'm really lost.
I really don't agree with you, but I am open minded, maybe you are right and I am mistaken, no problem.
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@clayop ·
How can you explain donations? It has no financial incentives, but even rather has costs.
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@snowflake · (edited)
$0.05
The less users are voting the more power is left for active voters. For example if you were the only person voting you would be able to allocate the whole reward pool yourself)
Who would vote? Active users who want power and pretty much everyone who cares about the platform.
👍  , , ,
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vote details (4)
@gduran ·
I understand that even less, my voting power I believe isn't even $0.01 so what's the profit in that? To make any money an article has to be upvoted by people whose votes are worth something.
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@snowflake ·
If curation rewards are eliminated your upvote will be worth more because less stake will be actively voting.
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@rose98734 · (edited)
$6.37
There arn't many active voters. Even people who post a blog post tend to write and run, they rarely stay and read a bit (you can tell by the number of pageviews).

If the bots disappeared, there would be no upvoting at all because "active users" can't be bothered or simply don't have the time.

BTW - I think the 1% votes are stream votes. That is, there is a manual voter who is followed automatically via autosteem or streamian by other voters. The amount you get is determined by the manual voter. If they vote 1%, then all the people following automatically also deliver 1%. If they vote by a higher percentage, you get a higher percentage by the autovotes as well.
👍  , , , ,
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@snowflake ·
$0.05
>If the bots disappeared, there would be no upvoting at all because "active users" can't be bothered or simply don't have the time.

This is completely false. There would be a lot less voting that's for sure but votes will carry a lot more weight.
And there would be a huge incentives for people to vote because their vote will be a lot more powerful since less people will be voting, so active users will be rewarded by being given more power/responsability within the system. This will also incentives users to buy more steem as they will see a direct increase in influence.

Why do you want a ghost town trying to appear like it's full of people? This is a deceptive strategy.
It's a lot better to have less voting coming from real people, that would reflect the reality more.
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vote details (10)
@teamsteem ·
You're bringing up great point. I'm in the top 100 for the best curation score for the past 50 days so it seems I would be bias for keeping curation reward too but I tend to think we might be better off without them. It's still a very complex situation. 

I don't agree with the comment reward pool being a bad thing. I think this will be a good thing. I was skeptic at first but I'm not exciting to see what will come out of it.
👍  
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@snowflake ·
>I don't agree with the comment reward pool being a bad thing. I think this will be a good thing. I was skeptic at first but I'm not exciting to see what will come out of it.

What's going to come out of it is not gonna be pretty, unless whales change their behavior which I don't expect with curation rewards.
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