RE: Seven different ways how HF21 could backfire
Intelligent commentary.
Proposal:
Appoint a Council comprised of people surnamed "Savage."
Delegate to said council dicatorial powers for 6 months. (I volunteer to handle the "disciplinary aspects" for the Council).
Be astonished at how polite and well-behaved everyone instantly becomes.
The best argument in favor of centralization is watching the members of a decentralized blockchain try to solve even the simplest of problems. Why not just ban bidbots? How?
Make it a Violation of Steemit's Terms of Service to RUN and/or USE bidbots.
Make it a Violation of Steemit's Terms of Service to use any other Front End that does not similarly ban bidbots.
This would collapse bidbot usage instantly. Instead, we have these Rube Goldberg proposals ... trying to discourage bad behavior by incentivizing good behavior.
Enough carrots ... it's time for sticks.
Quill
Bidbots are a symptom of larger problems. Any solution that disempowers them disenfranchises significant parts of the investor base. At this point, killing off bidbots via mandate (instead of structuring the appropriate incentives that people stop delegating to them and using them on their own) would destroy investor trust in the blockchain. I very seriously doubt that the patient would survive the 'cure'.