So.. Let's start off by saying that.. The other day I was feeling good, in a celebration mood cause of how well steemit was doing especially, and.. I got pretty buzzed, things were good.
Before I went to sleep that morning the markets had just crashed and while that isn't really a big concern of mine and I think the market will rebound, it still is worth a note.
Anyways.. Moving on.. Yesterday I'm browsing around a little bit and I check the trending page to see bernie is still posting about the "rewardpoolrape" mainly by the heijin guy or however you spell his name. And.. I'm reading through it and becoming more concerned.
https://steemit.com/steem/@berniesanders/you-are-all-a-bunch-of-fucking-cowards
Now.. I had been aware of this stuff before and it was on my radar and it was concerning but I sorta felt like.. It would work itself out one way or the other.
The way things are working, and it's not just heijin, it's probably most of the higher level people who have whales auto following them. They are just getting an INSANE amount of steem compared to everyone else and a lot of the time the content they put out is pure shit in comparison. It's like THEY KNOW that they have a whale following them so they can basically just post whatever and puke up nonsense and not ever have to worry about quality content anymore.
It's creating very bad visuals for many including myself and more importantly those who may want to invest or get involved in the platform.
Personally.. And I hope to touch back on this before the end of the article, but.. I think there's a major problem here with the whales and the way voting works and I personally think people should consider trying to address this before it ruins the platform.
Perhaps we need another fork to increase regular peoples voting power and decrease whale voting power. I'm not sure.. Though this isn't good and I can see it creating a serious fracture in the community.
My next issue was finding that dan claimed he left because steemit was unfixable?
I thought it was because ned wouldn't make the code open source, even though that did happen to my understanding? So.. Finding this thread where dan is saying steemit is unfixable in numerous ways is highly concerning.
Also I was reading and one guy who is claiming steemit is flawed was pointing out that steem is only accepted on 4 exchanges out of like thousands? Is that right? Why? Seems like bitshares is as well difficult to find exchanges for?
Why is it that steemit and bitshares #1 and #3 in total transactions, are so umm.. Difficult to get traded into money?
What happens if those 4 exchanges stop using steem? Then.. None of this is worth anything.. Right? How to cash out if no one will accept your coin?
Am I missing something?
I was planning on taking a little bit out after SMT's release, but now I'm wondering.. Should I take more than a little out? Maybe I should take like half out? This wasn't about money for me in the beginning, but now that my account is worth something.. I don't want to lose it all.I'd like to have something tangible for all the time I spent here.
I'm also kind of wondering.. If maybe.. Steemit is so strong that even in light of everything I mentioned above, that it will somehow continue to carry on and grow just because it has a "life of it's own" now.. So to speak.. Like there's so many people here and so much interest.. The ball is rolling down the hill, it's hard to imagine it would just stop all of a sudden! But.. Perhaps there's an obstacle obstructing it's path that the people who put it into motion didn't predict well enough.
Is this just a sign of capitalism and the free market? That people will naturally try to cheat and game the system and greedily obtain and hoard as much as possible? Is it just human nature?
I dunno, but I think it's sad that some of these people with huge account values don't spend more time giving that value back to the community who essentially keeps the whole thing running.
Those huge account values aren't going to do you shit if no one will trade for steem. And I think the more you hoard and greedily consolidate and not share back with the new people, the quicker steem is going to be worthless.
No need to name names, doubt any of them will even read this post.. But.. I think you know who you are, if you're huge to the point of ridiculousness in terms of account value/reputation and influence and you're not actively trying to give back to the people significantly.. You are part of the problem and the reason steemit could die way before its time.
Some people are saying we should just sort of scrap the whole thing and start over, and.. I almost agree with them. Seems like that would be better than what we have, however what would stop those same people from doing the same thing over again?
This is why I feel like there needs to be a significant push from many of the top players to give back, like.. It should be a campaign of sorts.. Numerous of them should get together and figure out a way to give back to the smaller fish so we can all continue to enjoy this platform and it doesn't self destruct because of too much greed and corruption.
If I'm wrong about any of this, please feel free to enlighten/correct me.
Also if you feel similar, I'd like to hear your thoughts as well.. Like.. What can we do? Is there anything we can do?
Needless to say.. I was getting extremely excited about steemit and was really getting into it here and now.. I just have to wonder.. What the future is in a negative way more than I ever did before.
I want so badly to believe in steemit and to continue to promote it and bring people over here, though.. With dan basically saying it's unfixable and with so many people complaining about whales and bots and injustice, and considering steem and bitshares are only on a few exchanges.. I just have to be concerned.. It's looking questionable.
I personally think things could be solved if enough of the community and those in power at steemit wanted to seriously try to address this, but.. Will that happen or will it just get worse and worse? I guess time will tell.
I've been here more than a year and I think what I learned yesterday has been the most challenging information to deal with in all this time here.
Good luck steemit, hopefully things get better here and not worse.. Cause.. This is an amazing idea that has helped a lot of people and it sure would be a shame if that all stopped because some people were too greedy and could never get enough. (PS Maybe I was celebrating too soon with that beer the other day..)