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RE: Burnpost three month status and update
It's good to see people sacrificing some short term gain for the good of the platform. Greed could kill it. Personally I'm delegating to minnows and doing a little flagging, but my vote can counter the serious abuse and I risk retaliation. Having accounts we can delegate or donate to that do the flagging may help.
@steevc, can you tell me about flagging? why it is needed, benefit of it.
or if you have any link to study about it, please provide me.
or any video of youtube.
Thanks anyway :)
It's a way to deal with spam and anything else you consider an abuse of steemit. The reason some people don't do it is they fear getting flagged back. You can see I was flagged by some big people for criticising them and taking away a few cents of their huge rewards. That can destroy a new account's reputation
Could you explain how this burn post words Steev? I'm new and pretty clueless.
I think it's about capturing some of the SBD and getting rid of it to try and control the price. I'm not sure it's the best method, but it would be good to reduce how much goes to certain greedy people. I support voting up minnows so they get more of a share.
It seems to me that if you destroy part of something, the remaining something becomes more valuable. IDK 😕
@steevc, thanks for the info,
now i almost got the matter.
Agree, this platform can survive only if quality minnows will be supported.