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      "body": "Congratulations @bbilgin! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bbilgin/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@bbilgin) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=bbilgin)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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  "timestamp": "2018-03-15T22:03:51",
  "op": [
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    {
      "parent_author": "bbilgin",
      "parent_permlink": "re-geke-re-biophil-re-bbilgin-how-to-solve-the-reward-pool-abuse-problem-once-and-for-all-20180216t044441618z",
      "author": "sorin.cristescu",
      "permlink": "re-bbilgin-re-geke-re-biophil-re-bbilgin-how-to-solve-the-reward-pool-abuse-problem-once-and-for-all-20180315t220741232z",
      "title": "",
      "body": "Not that way, bbilgin, you'd stop it dead in its tracks. You'd kill it.\nReward pool abuse should be fought. First step in that direction is to acknowledge that in the whitepaper. But fighting it by cancelling the reward pool altogether is throwing away the baby with the bathwater",
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      "parent_author": "bbilgin",
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      "author": "sorin.cristescu",
      "permlink": "re-bbilgin-how-to-solve-the-reward-pool-abuse-problem-once-and-for-all-20180315t220416825z",
      "title": "",
      "body": "the solution is worse than the problem in my opinion and shows a complete misunderstanding of how human groups work. This \"solution\" is convincingly refuted in the Steem whitepaper and if it was implemented it would live to the quick demise of steemit. \nThe first problem is explained in page 19 of the white paper under \"Micropayments don't work\" - the explanation quotes a very solid paper by Clay Shirky, \"The Case against Micropayments\". Tipping doesn't work \"there is a certain amount of anxiety involved in any decision to buy - here, to tip - no matter how small, and it derives not from the interface used or the time required but from the very act of deciding\". Tipping, with a proxy for money like Steem, require a comparison: \"Is this article worth 0.1 or 0.01 steem ? I gave the first one 0.1 and this one is better and longer so should I give it 0.15 or 0.2 steem ? And what am I going to do, I'll have no more steem left afterwards, I either need to buy more or else I'm going to scrounge by reading artciles and not tipping the authors because my wallet is empty and I'm too lazy to go buy BTC, transfer it to Bittrex or Polo or Binance, buy Steem with it then transfer the steem to steemit\".\nBasically, tips will enter a downward spiral due to transaction friction, authors will make less and less so they'll feel discouraged and not incentivized to continue creating content and it would be the demise of Steemit.\n\nYour \"solution\" will lead to the demise pure and simple. It is fundamental that by \"creating new steem\" the blockchain primes the pump. \n\nIt is also very important to have steem power to increase the financial friction when exiting the platform so \"nudge\" people to stay longer than they would have otherwise.",
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      "permlink": "re-bbilgin-variable-inflation-rate-is-the-solution-to-the-reward-pool-abuse-problem-20180315t214956555z",
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      "body": "One philosophical problem I see is the official position of Steemit Inc. as put in the whitepaper [august 2017 version), page 15/32: \"Eliminating 'abuse' is not possible and shouldn't be the goal\".\nMaybe eliminating abuse is indeed not possible but openly stating \"shouldn't be the goal\" is deeply mistaken in my opinion. It is like saying \"completely eliminating crime is not possible ... and so the police is useless, let's disband it ...\"",
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      "permlink": "re-bbilgin-how-to-solve-the-reward-pool-abuse-problem-once-and-for-all-20180308t180152552z",
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      "body": "If only the Witnesses got rewarded, and everything you proposed was implemented, the only demand for STEEM would come from people buying it to affect the board of witnesses.\nSTEEM will lose its attraction as shares of control over the reward pool.\nI once saw a proposal to create an image of STEEM, a hard fork which will delete all preminers and their effects, which is impossible, because the vast majority of notable accounts was affected by preminers by delegation, votes, transfers, etc, so a deletion of preminers and their recursive effects meant deletion of all 3 accounts of the issuer of the proposal himself, as I noted then and deletion of all of the witnesses and most notable posters.\nSTEEM is based on sins and doomed to fail.\nEvery cryptocurrency is based on sins but I am not as sure about every cryptocurrency's destiny.\nMost of them including bitcoin are either unsustainable, or uneconomical.\nSpam and corrupt preminers have been failing this experiment since its get to.",
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      "body": "It's one of those deals I'm not even after the money, I just lost interest.  It's easier to blog on Minds than here, don't have to worry about censorship and I don't have to worry about bandwidth either.  Plus it's easier to use.",
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