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RE: My Controversial idea for Steem Power- by Charlie Shrem

in #steem8 years ago

I don't think this would go over well with non-creators. The vast majority of SP is earned from blog posts. Those who are here for reading, commenting, and voting will be left behind. It would skew the influence too much in the creators' direction.

There are other reasons to object to this, but that would be the largest one, in my opinion.

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Hmm, I look at @laonie who earns thousands of Steem Power a week without creating any content. He is a good content curator. You can follow his trail and do the same.

Also, this would work if there were different platforms for Steem. Not sure the blog post platform we have now. We would need a Twitter style, facebook style, ect.

What @laonie accomplishes is not typical. He has the advantage of using a lot of his own accounts in his trails and has been building up SP for months by automated vote. What he earns now is a result of all of that work. I don't think the average user would want to do that just to earn SP.

Rather than finding a new gimmick for SP accumulation, why not find more/better ways to incentivize powering up? We want more people to hold SP, not more ways for it to be exclusionary. Let's think of some new ideas for how SP can be used to the advantage of users and investors alike.

"more/better ways to incentivize powering up"... YES :)

As i said I am new , but how can he earn without creating posts. If he doesn't want to contribute how can he earn so much money

He's earning by upvoting posts, which is also called curating. He's regularly listed on the top curator's list - @furion created a page on his steem.li site: http://steem.li/curators .

@thecryptofiend along with help from the community created a great Steemit FAQ that goes over curation in more detail: https://steemit.com/steemit/@thecryptofiend/the-missing-faq-a-beginners-guide-to-using-steemit

laonie also bought a lot of Steem and powered up. I doubt he'd be appreciative of having his investment pulled out of SP and into Steem. I know I wouldn't.
Right now many of us who bought Steem for the purpose of powering up are having to rethink our strategy. I'm not complaining, because it may be what's best for Steemit in the long run, which should increase the value of our investment proportionately. But it's still tough to wade through since the terms of that initial investment are being altered.
IMO, the idea of stripping all unearned SP and turning it into Steem is a bit onerous and alters the original appeal of the investment far too dramatically.
There is a sense in which I like this though, if SP could float in value separate from Steem. An investment in Steem would be an investment in the currency. But SP would be directly an investment in Steemit, like shares in a corporation. Steem "earned" on Steemit could be powered up, but Steem transferred in would be subject to market differences between SP and Steem.
Like you, I'm just thinking out loud. Maybe it has merit, but it's just off the top of my head.
Thanks for the cognitive exercise. :)