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RE: A plan to fix spam and the lopsided reward distribution!
“In most companies, large chunks of ownership are held by a few people. So it is somewhat natural that few people hold a majority of the steem power.”
I don’t think this is natural it is just what you have been conditioned to believe, by a system that is stacked in favour of these few people.
“very small cadre of people control what content appears on trending and ultimately decide what content is worthy to be on steemit.”
Exactly I think this is wrong.
Thank you so much for this post I think this is the number one issue facing Steemit at the moment and it needs to be talked about with a solution found so that the platform goes forward in a positive direction.
As I've mentioned a couple times before (here and here), I'd like to see a universal dividend implemented, where a fraction of all post and curation awards go to everyone equally as their share of the value of the network.
The problem with a universal dividend (or i would call what you propose "free steem" - since a dividend would be proportional to ownership) is fake accounts.
My proposal is that we let people opt out of the reward pool and receive what they would have gotten if they had 100% self-upvoted, i call that a dividend for lack of a better term.
We need to let people be "steem owners" without forcing those owners to pick the content that everyone on steemit sees.
Hopefully, the message will get out there. It is a hard problem to solve.
I want investors to buy big stakes of steem (because that makes the price go up). But i dont want only a few people deciding how to divy up the reward pool.
Seems like a good solution is to not force investors to use 100% of the utility they are entitled too.. (give them another option that is equally as profitable)