RE: Downvote Drama: Do regular quizzes, giveaways and competitions create value on Hive? Do downvotes destroy the platform? My consequences.
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Ok, I must be more precise in my answers.
I'll go into it later, please explain to me what the reward pool is for. I probably have a different understanding of what it's for.
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Reward pool is for providing rewards to a hive content creator based on his/her original content on day7 at payout.
Before day 7 you don't own anything, dv just returns extra rewards back to reward pool. It's not personal
So do you agree with me that it is primarily for rewarding content creators?
For something else?
It's true that it only belongs to you when the 7 days are up. It's just a question of whether that's what Hive is all about, 100 users saying it's good (at least for them) and only one with a lot of power saying no, it's not good and then nobody gets anything, not even those who voted.
That is stake weighted governance for you. Also I am disgusted by this fake cry from a user who has been here for ages and just finding out self-voting is bad? Do you understand if all whales self vote what happens to reward pool? It goes to all the whales.
I am sorry that is all the time I have for you today, rest you have to educate yourself.
Being decent is a requirement in a social network, you don’t need any rules for that. I am saddened that I have to come here and enforce the decency to this selfish prick!
And what happens when whales vote for a post by Buildawhale?
That's half a self-vote then, because you get your own curator rewards, but no author gets anything, it doesn't go back into the pool and is distributed to the other authors, it's burned.
It's certainly not the same as a self-vote, but it's a big step in the right direction compared to voting normally.
Therefore, if you do the math, this approach mainly helps those who vote on it and not all users.
Why aren't self-votes simply prevented? Wouldn't be a problem to change it so that it doesn't work if it's not wanted
Ok, the community should decide and not a few individuals. What would Hive be if there were only the few whales and what if there were no whales but only the other users? I think without the other users, what the whales have would be worthless, wouldn't it?
Well, less tokens may be good on the one hand, but it's not worth it if the number of users and activity decreases and therefore nobody wants the tokens anymore.
I think it would be much more beneficial to lower the interest rate on HBD, because it is generated from nothing. 15% is a good start, but still far too much.
Let's see what it will look like when we review this discussion in 2-3 years' time
You and your Friends of Mark Jeftovic has claimed at April 2017 an ilkegal stake.
You and your Friends has been reported to the SEC Repor.
How many years you will rest in jail?
20 or 60 years?