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RE: The Easiest Way to Discover Posts on Steemit that You Like? Me! (27.03.2018)
Isn't the reward pool distributed regardless of how many people vote? You just have a proportional share in deciding who can benefit!?
Hence, not voting is always better than voting on crap, because there is a chance that other people not making crap get a bigger piece of the pie. Correct me if I am wrong.
well ... it depends on the level of reflexive thinking - it's an inherently unstable, non-Nash equilibrium. Because the more people abstain from voting on crap, the bigger the reward to "defectors" who choose to "cheat" and vote on crap. More seriously and philosophically, it's been the undoing of Communism.
if everybody acts altruistically and only takes from the "reward pool" (of the socialist state) what it needs, according to the rules of the Party, and puts into the pool according to his abilities, then Communism is paradise.
Except it's not. Because the more people respect the rules and comply, the higher the reward of the cheaters and defectors. With social groups bigger than 200 people it breaks down inevitably