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RE: My Controversial idea for Steem Power- by Charlie Shrem
Very good point. The idea would be that this could become another currency that can be powered down, at the same time have weight for voting.
Very good point. The idea would be that this could become another currency that can be powered down, at the same time have weight for voting.
Saying that steem power should be something that can only be earned is very easy to say and accept by someone who has no problem earning it, like from your point of view that almost every blog post by charlieshrem has hit the #1 spot on the trending page. Another user who has a very hard time earning rewards would feel even more crushed by not having the option to buy steem power while not being able to earn rewards, and that's not good for user retention
Man the voice of reasoning has spoken...Great Comment Mr.Grant!!!
Very reasonable! Not only that but Steem Power in my opinion is the center weight of the Steem platform. It is the utility which can be used as a measure in the attention economy.
For example if I want to contact you maybe you can set it where either I have X amount of Steem Power, Y Reputation, or I pay you Z amount in Steem for your time. This could allow us to set up consulting networks and people can begin to barter, and offer services, where Steem Power and Reputation would signify how important a person is to the social network.
If a person has little to no Steem Power and has a low Reputation, maybe no one will want to add them as a friend until they either buy the Steem Power or earn it, and or build a Reputation.
Good point.
So if I understand you correctly:
you want your reputation-shares to be tokenized so they can be converted to steem and sold?
You currently have:
120,870,541,768,298Reputation-shares in the system according to: https://steemd.com/@charlieshremI personally and professionally don´t see how another "power-down" suggestion will bring any value to steemit. So I will have to vote NO on this suggestion for now.
Sincerely, and in all friendliness
@fyrstikken
Nope, thats not what I'm suggesting. In fact, Im not suggesting anything.
No need for a vote, this is a social thought experiment. For discussion and mental exercise :)
I think any change should be short of creating another token or making SP blog to earn only. Like allowing Rep to have vote weight might be something that doesn't scare away investors. Stability is an important factor in any investment. If we throw too many new bells and whistles on without focusing on the meat and potatoes like scaling and user retention we could lose focus