Who should we value?
The Content Creators? The Witnesses? The Stakeholders? Other members of the community?
Stakeholder: The Stakeholders want to bring on other stakeholder and realize that without them the rewards/marketcap and more would be much smaller. Some of them think they are the most important part. Stakeholders are not all created equal and many have worked and helped while a few have treated this like a passive income investment and devalued EVERYONE in the process. I guess not all Stakeholders hold the same value to the platform.
Witnesses: Many of them are also Developers they Test (I hope) They recently decided to give us all a 10 percent paycut to fund the SPS while deciding they could take the same pay cut. Yeah, I feel a tiny bit snarky about it. Not really because I realize their are costs involved. But not all witnesses are equal and while many of them work hard, build products, and contribute, many of them have done very little. Not all witnesses bring the same value.
The Content Creators: These people provide the content, do most of the curation, they help contribute to games, ideas and various ideas. They used the apps provided, shilled Steem. They tweet, write, sing, dance, post, vlog, report... for their rewards. There are some who shitpost and copy and paste as well. Not all content creators are equal and bring the same value to the blockchain.
In my opinion if we were using DPOS correctly the stakeholders would be allocating the new inflation to those in each category that they think creates value. See that's an incentive. Others see people getting paid to do good things and they try to emulate that behavior.
In my opinion it is the combination of the 3 that makes the community and I don't remember that often enough. Sometimes when I say the word community I forget that includes the Witness and Stakeholders as well as the content creators.
So here we are it takes all three. And it is the Community that gives Steem it's value.
No one wants a pure crypto token with 2500 holders that is accepted no where as a payment
No one needs a witness without stakeholders and content creators.
We don't have any resources to allocate or any method of doing that with out stakeholders and witnesses So it takes the whole package.
When the price is going down and the value is leaking... It is easy to get frustrated and turn on each other. People tend to blame...
New Steem says we should respect the whole package.
I'm going to try doing a better job at that.
