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RE: Improving the Economics of Steem: A Community Proposal

in #steem5 years ago

What if I told you ...

Then you would mostly be wrong. There is an extremely weak indirect incentive, but there is also an extremely strong direct disincentive. You can't properly understand the system without considering both, and in doing so it is clear that the latter mostly overwhelms the former, both in theory and in practice.

This coming from someone who has probably downvoted close to the most of anyone in Steem's history.