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RE: Why are so many “power account” payouts down? And why so drastically?
I get what your saying, but the phrasing isn't exactly right.
A decentralized app with more and more users will not increase the standard. There is no standard.
The only thing that will happen is the % of users that are willing to produce good content will normalize. As more users join, the % of good content, in theory will remain the same. But higher volume results in higher number of good quality content.
Part of the issue is decentralization. Steemit.com is too decentralized to serve any real purpose. Communities is great and all, but the monetary system here typically brings the wrong types of people.
The reality is that we need a centralized governing body to organize things.
While you made many good points, this considers economics as the only metric of value.
Frankly, that's a ludicrous assumption, and will result in horrifying hegemony, just as it has in the real world.
The real reality is that we need to consider many value streams Steemit provides. If you're only consideration and value you're interested in is financial, communities will provide you a way to focus on that.
I'm greatly looking forward to communities, because I am seeking to minimize mere financial considerations, for far more important values I reckon are becoming existential.
Censorship, and freedom of speech, for example. That's more important than money today. Just ask Tommy Robinson.
The centralization doesn't have to be broad styled like facebook. It can be communities based, which can and does also exist in real life. The issue with the real life versions are how they come to power, keep their power and what they do with the power.
In the steemit world, the total opposite exists. The only hegemon is the SP hegemon that consists mostly of whales. They have it and thus control the rewards to their desire. If you completely destroy the ability to allow hegemons to exist, then you also negate the ability to combat them. But that's not what we are talking about or see here.
What i'm advocating for stronger communities with people willing to put their SP to work, and the best way for that to happen is to have effective community leaders (and delegation).
I agree there is no literal standard, like there's no group of people who set a standard. In my opinion though, the community and "market" of votes acts to set the standard, without any individual needing to consciously do it. The standard is whatever quality people need to reach before they can get an audience.
The centralized governing body thing, that we may have to disagree about for now. Good discussion mate, Cheers
Thats the point I dont agree with ( i mean, I agree with it, but thats not whats going on here). The level of quality needed to reach an audience here has been removed by the ability to collude outside the network. That collusion is not something that can be solved on the blockchain level. Because of that, it needs a centralized way to control behavior of steemians. All bidbots are, are centralized power if you think about it. the difference is that it can be removed just as fast as it was created, thanks to delegations.