RE: How much SP in tied up in Bid Bots?
Wow. I would have thought it was more than that too. If the bid-bots get above 25% I'd say the platform is in real trouble, because growth should come organically, from honest incentives being offered for quality content, MORE than just purchased off a bid-bot. IMO.
Having said that, while the bid-bot stake may only be 11%, that doesnt mean 89% of Steem voting power goes to incentivizing quality content, and the future of Steemit. Among the 89% steem voting power you have many people who only ever self-vote, and then others who only ever upvote their friends, and I would expect that there is a slim minority of that steem voting power that goes toward upvoting random, unknown, content creators for quality content on Steemit. Sadly.
Nevertheless, we each do our part, and hopefully we push the needle a little closer to good, and a little further from bad.
That problem existed well before bid bots.
Fair enough. Seperate topic but worth its own discussion, and as I said, we can all do our part to move us a little bit in the right direction. As you are with this content, and reply. Thanks.