You know you cheered with the rest of the dupes when Ned gives out delegations.
Now you know how much your vote goes down when Ned delegates to his favored select few.
Everybody is happy that AppX got support from the top, yes?
NO.
Not everybody.
Those of us that understand the math have tried to explain to you who don't know the math that when the biggest accounts delegate, or vote, everybody else loses money.
Whether the whale votes that stake, or delegates it for somebody else to vote, the value that those votes bestow on the select favored few come from the votes of the least amongst us.
I get that we have to build the infrastructure to attract the masses, but the masses would already be here if the top 70 accounts would have simply not taken as big a bite of the rewards, imo.
It is because of a couple of them that we lost the n2.
It is because of them that we don't have enough stake to reverse the mistake that is linear rewards.
It may not have been perfect, but the n2 did put popular content on trending.
It is those 70 accounts with more than 500mv that are the excuse to not bring it back.
It is in the best interests of their greed that we don't.
Until we give the original design a full test, we can't know the truth about it.
We can know that a power struggle ensued.
We can know who won that power struggle.
But we can't know that the premise was flawed.
Read with me, dear reader.
Bring back the n2 with a soft cap set at 250k Steempower.
This gives the minnows reasons to be here, their votes will count for something.
Get enough minnow votes and they eventually make it to a penny.
As long as the bidbots stay below the cap, there is no reason they can't be here, either.
When only accounts with less than 500mv votes the math isn't so out of whack.
This also gives investors a number to shoot for.
Why would a 10k usd investor invest when the 1m usd accounts refuse to let him share in the inflation?
I don't see our doors getting beat down by folks with a million dollars to drop on a unpromising speculative promise, so why would we keep the math favoring folks that wouldn't touch us with a 10ft speculative pole?
With this math in place, it makes sense to invest 10k usd to be somebody in the pond.
But, you do know, dear reader, this place was set to fail.
It was a pump and dump from the get go.
Prove me wrong.
