Our concern is only to maintain that in 5 years our platform will still be interesting enough for investors to want our Blurts,
There is so little 'interesting' material already - this is the problem.
'Interest generating material' online means controversy, talking points, conflict. (for better or worse , this is the reality)
The individuals who create such material are all leaving ! ('whitelists'?lol - a black list by any other name, and one that only supports mediocrity and conformity - not unique or original).
The truth is that the best thing for the blurt price is simply the ACTIVITY of users, and in particular the natural activity not aimed at tapping posts for tokens, but resulting from the desire to take part in a discussion or share something cool.
I've yet to see increased activity - productivity - as being a bi-product of any kind of taxation.
it's true but it's happening all over the internet. there are more and more short and stupid short posts or repeating over and over something that the authors do not even fully understand, and there are fewer and fewer sensible discussions and pages that contain extensive thematic content. This, of course, proves what the new generations are like and how successful globalist policy is.
I think it's not just a matter of this. Good bloggers are looking for an audience, but unfortunately it's hard to find it here because, after all, there are few of us here and even fewer are interested in given topics. it's simple: out of 100 people, maybe 10 have similar interests and views, and maybe 2-3 of them take part in the discussions. There are over 1,000 active non-fake accounts here. and the statistics are correct. On average, 2-3 people comment on each interesting thread ;)
and this, in my opinion, is revealing - you see, on Facebook, no one wants anything from you for discussing it because they make money by profiling you. Here you pay for the medium and it is basically very logical. When there was no Internet yet, it was obvious that, for example, exchanging correspondence was the cost of paper and stamps borne by correspondents :)
The problem is that there is an interesting trick here - the tax ultimately turns into profit over time because rewards for posts increase in value thanks to frequent correspondence.
My blog(s), are getting over 400 views per blog and lots of interactions.
Disincentive's for the effort that goes into making interesting blogs, doesn't do this (tax)....'putting the horse before the cart', as it were.
DPoS is A FLAWED MODEL .
The sooner people bite the reality bullet, the more chance there is of getting the led zeplin airborne...(see my post re IQ and hubris - it isn't gonna happen - imo)
yes, but you mean a blog on a private server, that's a different thing. because websites under a specific domain are visited mainly by those interested in your work, and I am talking about blurt as a multi-threaded social media space with a common pool of users, each of whom is looking for something for themselves. here the converter is different.
well it seems natural to me. although it may not work because today's world is upside down.
In normal life, you first pay the cost of your initiative, and when it turns out to be successful, you not only get your costs back, but you also start earning money. Everything in normal life works this way. Work first, pay later. Most often, 90% of the efforts come to naught and only 10% usually turn out to be successful enough to cover the costs of previous failures and allow for solid earnings.
This is how I see it through the eyes of an entrepreneur and a prepper who scratches his own kneecap ;)
Pft, I'll see your scratched kneecap, and raise you a 3/4 meter cobra !...lolol (clearing a heap of dead grass this morning....Fortunately it was slithering away, and no hassles, but good reminder to put my wellies on, and not stay in sandals while gardening...)
...On a more serious note...
( the snake thing is not something that provokes much of a response in these parts)....
...I can understand the principle behind @ctime's initiative. Why should he have to prop up the price ?
He shouldn't (of course) - and in truly free markets, this question wouldn't even arise.
The structure of DPoS is not a free market. Meritocracy is not rewarded - the most fundamental of drivers behind free markets.
As such, non free market 'financial manipulations' do play a part here (using the term 'free market' in it's purest form).
As @mariuszkarowski said some months ago, when I was arguing the point of quality content on blurt, with him saying (in effect, apologies if it's not entirely accurate) that it 'not being that relevant'.
As a financial instrument, he is correct - posting content acting as 'the oil to keep the blockchain lubricated and moving - nothing more.
(which really does beg so many questions, in itself - but I'll leave that for now .lol)
My thought on the eventual outcomes of all DPoS platforms remain the same, sadly.
This is a systemic issue - one of structure and mechanics.
So I can understand ctime's perspectives from the principle that he outlined above, in context of it not being a 'social media driven, value proposition', but one of a speculative financial tool - and to be utilized as each individual see's fit.
As such, and within the boundaries of what DPoS is, I find myself agreeing with him...
a free market is one in which there is no external manipulation of the market by the government or other institutions with the help of regulations, i.e. top-down imposed and enforceable laws, the omission of which means repercussions. However, various situations appear on the free market to which independent entities can respond by implementing various ideas for solving them. Ctimie did not establish a law here, but simply proposed a solution to the low price of the token.
You could call the lack of a free market a situation in which witnesses establish such an obligation.
Mariusz said well that the quality of content does not matter. Take a look at Facebook: 90% of them are fake posts and the quality of the content verifies your willingness to be noticed. People try if they want to be noticed by their group of recipients, not just for votes, and whether you create something interesting or not is quickly verified by the "market" of recipients. If you create boring content and you can't gather a community around you, you simply won't get any likes. If you create something interesting and know how to reach the right audience, you get likes.
Apart from the fact that Facebook is a highly censored medium, we could say that we also have a free market for the supply and demand of content there.