I fall within the lowest set of SP holders on steemit. Those of us in this category are badly hit by the aftermath of this recent HardFork. It has been a direct product of the calculated effort to mitigate spam and we understand the necessity but the downside is the obvious threat on small accounts which I'm one.
In all, however, HF20 is a welcome development and I think it gives us more to discuss about than RC. And if it has to be RC alone, we can talk more of the good changes it is capable of bringing to the system while addressing the ills.
For instance, I would not have dreamed of investing in STEEM in the next one year if not for RC effect. The introduction of RC has made me realize how much I love this platform. I will not like to run out of RC, so I will rather buy Steem and simply power up since the Steem remains mine and I can power down and sell at anytime – hopefully, when the price appreciates.
I object to the presumption that RC is aimed at making the rich richer because what stands so obvious to me is that it will significantly drive demand while promoting asset retention.
Like me, thousand of other small accounts will seek to scale up, thereby increasing demand. Secondly, people will no longer be quick to sell off their earning as they used to, knowing that bandwidth is a factor now. This will result to a fair scarcity of the currency, leading to better value.
Actually, some people may not be here for investment and that is fine too. From the latest patch, even the newest accounts can comment as many times as 18 within a space of 5 days. I think that is not a bad starting point for someone who wants to build their account from the scratch without injecting some money. What this will do is that it will keep them from making comments that do not add value to the ecosystem.
I also think it's about time our developers start considering the adoption of ad revenue mechanism. The ovation is high already and companies may have been waiting for the opportunity to market their products and services via STEEM's various platforms. This, I think, is a good way to incentivize quality contents and encourage newbies.
RE: Is HF20 going to make Rich Richer and Poor Poorer? [BOUNTY POST]