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RE: Steem Basic Income - Member Delegation Report (10 June 2018)

in #steembasicincome6 years ago (edited)

I've had a bad impression of SBI for a long time,

BUT I AM RECEIVING HELP to figure it out.

Thanks @josephsavage for the verification and I have a trusted member of my own Discord #minnowbootcamp who independently verified the info, he can help me figure out the rest. I am happy to see that SBI is fulfilling their mission, I just seem to need to figure out what to look for and then when, how and why. Still looks overly complicated, but I am a Master of Simplicity ;) I run my system under K.I.S.S. Theory and the recipients can even understand it!
But I also see the need for the complexity here.

THANKS SBI!

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Believe it or not, we have tried to keep it simple. There is a balance between constraints and incentives.
As we designed the system, we identified each of the constraints and potential power leaks and built in the appropriate safeguards. That created levels of complexity, but it works pretty well even though hard to understand.

The most common 'complaint' we receive is when people double or triple their posting frequency to take advantage of what they think are consistent 'per-post' upvotes, and then they are shocked to see that we adjust to their posting frequency change to prevent them from robbing SP from the other members.

I think the worst I saw when somebody complained about their upvote value dropping and demanded explanation, their posting frequency had increased by more than 10x.

Most people that join to try to take advantage of our system don't have staying power when they learn that it's designed to prevent that, and they go completely inactive on Steem when they learn that it's not a get-rich-quick scheme.