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RE: 3 Month Retrospective
Improvements are being made which is good but the bidbots have to go. Bidbots remind me of the payola system in the old music industry where artists had to bribe DJs to play their songs on the radio.
I am not sure if they have to go completely, but I would certainly like them to have less influence. If the trending page algo gets revamped so that it does not show posts which have been upvoted by known bidbots, then they are not as much of a problem anymore.
No Bidbots are fair, you cant stop them, its a free market. you just need steemit inc taking responsibility to SORT the posts out, it would be very easy to mark posts as having been using bid bots, it wouldnt be difficult at all ..... but you cant get rid of bid bots they are just the organic advertising system
once steem has real users again we will have organic upvotes but youy need to have actual GOOD CONTENT like REDDIt has and Reddit users post for FREE
Reddit is PROOF steem can change and be successful if it had better leadership leading the CONTENT
@ackza, why is promotion not implemented in the front end? For the record, I don't think the answer is incompetence.
It can be done but you know as well as I that bid bots are not exclusively used for promotion. It's the "free money" notion being pushed where people can ROI with minimal effort. I've seen countless abuse posts that have allowed many a scammers walk away with piles of Steem.
The fact that large stakeholders are whoring out the reward pool to those with the deepest pockets is a problem. It's legitimized circle jerking.
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No its not circle jerking, its proof of stake,its just not framed well, its not whoring out no more than google or facebook whores out to advertisers.... the promoted sectiona nd bid bots just need to be rolled up into one and @steem/ @steemit inc can SIMPLY undercut every other bid bot and drive them all out of business by offering the cheapeest bidbot service, like walmart, then they drive up prices later when otehr bid bots are out of buisiness
i dunno if this would work, like is there ENOUGH SP in hands of @steem and @steemit accounts to handle the demand of all bid bots? Yes I think there is because they have like 70 million just in those two and no one else has anything clsoe to that
the steem/steemit accounts can be used for a passive income system, if you have steempower you SHOULD be given a passive reward like just for staking without having to pretend to make shitty contrent just to "circle jerk" as you say
Payola
Payola, in the music industry, is the illegal practice of payment or other inducement by record companies for the broadcast of recordings on commercial radio in which the song is presented as being part of the normal day's broadcast, without announcing that there has been consideration paid in cash or in kind for its airplay adjacent to the recording's broadcast. Under US law, a radio station can play a specific song in exchange for money, but this must be disclosed on the air as being sponsored airtime.The term has come to refer to any undisclosed payment made to cast a product in a favorable light (such as obtaining positive reviews). Some radio stations report spins of the newest and most popular songs to industry publications. The number of times the songs are played can influence the perceived popularity of a song.