I wanted to talk a little about how I am perceiving what is going on in steemit recently. I do not see it going in a positive direction, I see it as dying already. That is a very sad statement to me.
I know a lot of people like the voting setup but I see it as the downfall. Is the point of a block chain to grow it or not?
I see a lot of people talking about quality, like it has anything to do with building the block chain. The currency of steemit is based off the block chain, not the quality of peoples posts. If the up vote system was not broken I could see a reason to make quality work, but it is broken.
If you do not think it is a flawed system go scroll through the trending posts. I can almost guarantee half of the ones making good money are crap. Only up voted because how the system works.
We have a voting system where quality of product does not matter. The only real thing that matters is how much did the persons last post make and how many followers they have.
I have done it a couple times myself, see a post by someone with 300+ followers 5 seconds after made. Up vote instantly. Then by the time I'm done reading the horse shit that was typed out it has a value of 1k. Not because anyone thinks its good work but because people know it will pay out. Quality no longer matters on steemit.
I see the up voting system as flawed, it was created to give people motivation to make quality work. not to pay out the person with the biggest followers no matter of quality of post. I have seen some peoples accounts with 15+ posts that are all amazing but not one cent earned and also witnessed a single picture posted with no text in the top trending zone day after day.
It does not give motivation for people to try to spend hours on a post if the trending stuff is of the lowest quality possible. If it is truly about quality then why are some of the best quality stuff on here holding 5-10 votes?
All of that said, it is not why I think steemit will die.
It is the down vote system that I believe will kill it. There is only one time I see it as good for the server to down vote. When a post, that is of no quality, is on the top of the charts, I feel it should be down voted to cancel out the promotion of crap.
Unless that post is making 5k because of the abuse of the up vote, I see no reason to down vote it.
The down vote system is getting abused. flagging anyone for anything besides my earlier statement hurts the server as a whole.
I will elaborate.
This is a block chain. Every block in the chain equals work done. Without this "work" the chain has no value. every post, comment, or response adds blocks to the chain. the quality of the post, comment or response does not matter to the block chain.
When people flag someone because of lacking perceived quality it is not motivation to post more. what we should be doing is inspiring people to post more regardless of what someone thinks about the post. I'm not saying you have to up vote crap but down voting people makes them leave steemit and that is one less person adding blocks.
As word gets around the internet about how this site bullies people for posting something that people don't like the new users will slow down. The less people posting, the slower the chain grows and the value of the steemit currency will drop.
As people flag posts because they are trying to bring quality to this server they don't realize they are hurting the block chain. The idea that if we get shit posters in here will drop the quality is insane too. The drop in quality will come from up voting crap not because someone posted crap.
I have been hearing a lot from people about how they are only here to be social and care not of the money. To anyone that says that, please prove your point by transferring all of your steem dollars to me. If you are not willing to do that then you can no longer say you don't care about the money.
For the people that invested into steemit, I would love to hear from you about what u think.
should we focus on building the chain so your investment pays out in the positive or should we worry about getting rid of people that shit post to try to make the percent of quality higher?
Personally I think to raise the quality of posts, only up vote quality.
want the block chain to grow? stop flaging low quality posts and worry about flagging high paying crap posts.
If all the crap posters leave, the chain will suffer and all the up votes you get will be worthless.
Just my opinion on what I have been watching the last week. I personally want everyone to show up and post anything and everything to grow the chain.
If I was wrong about anything please inform me. I am new to block chains so I might be wrong about how growing the chain is better then having 5 people on the system posting "quality" according to a couple people.
someone that quit today said it best imo.
ask yourself if you would rather have a blockchain based site where all the perceived value drops to nothing but the content is good or would you rather have a blockchain based site where the value of the currency used is rising fast with all the same good content of the other option but also adding the crap posts or people just posting links or anything and everything elese?-{steemltnews}-
Sorry about the rant, I hope we can figure out what to do before steemit dies.