The Steem economy and the "regular/retro" economy share some of the same basic problems in my opinion.
As I see it, the curation system currently inspires people to A: either vote for themselves (puppets) or B: vote for people's posts that are known to get high votes. This is very similar to the regular stock trading system.
-
Option A: creates inflation in the Steem economy
-
Option B: pools the economies resource's to the hands of a few overpaid accounts.
Ideas:
-
Considering option A: Self voting should probably be frowned upon and highlighted since it creates inflation. (I also self vote on some posts and am wondering if I should stop.)
-
Eliminating curation rewards would fix the problem of option B and inspire people to use their votes on posts that they actually liked.
I'm working on a longer post about these thoughts. Any suggestions on thoughts to include are welcome.
[IMAGE: https://steemitimages.com/DQmcPZfdTnguUZC8XaBCQyRYzBNyrX2xnJrmLE6boMdCZhJ/image.png]
