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RE: #project-smackdown week 2 report
I would be open to the idea of some <1 multiplier for self votes, but if it was too much I would just withdraw all my STEEM and continue to post with a low steem account. I would guess that 80-90% of my rewards come from posting, what would be the reason to own SP?
Influence on the platform was always the goal of SP as I understand it. That extends to voting, for posts and comments and also for witnesses.
The whitepaper is very clear that self voting needs to be less attractive in terms of rewards than voting for others, i.e. than curation. This was messed up by HF 19 at the expense of the good idea of giving more voting power to those with less SP.
The whole point of voting at all is to curate other people's posts. The rewards are motivators to this end. Self voting does not help this goal, it is simply pay for exposure. Who would really want that? It sounds like advertisers advertising to other advertisers.
If you withdrew your SP as STEEM because of comment up votes being less rewarded, or even entirely unrewarded, I guess you will have missed the point and would not have the opportunity to be rewarded for being part of something larger than getting people to view your own posts and comments.
I don't dismiss this reaction though and I am curious if there are a lot of people, especially high SP holders, who would do (or say they would do) the same.