It has been a while since i talked much about Steem related things. I tried to focus on my content and let others think about Steem. But since everyone is talking about Hf21 i wanted to say a few words myself. :)
I have talked to a few people that are against HF21 and i have read a few things from those that are for HF21. While the supporters have seemed to have everyones best interest in mind i could not understand how it was all good for content creators.
First of all I dont want to sound greedy so i want to say something before anything else:
I am grateful for and respect every cent i get here because every cent i get could have gone to someone voting themselves or selling to bots. Every vote is a gift.
I think we sometimes forget that, all of us.
And because of that i can see one understandable reason behind the HF21.
Those that invest the most should get the most from Steem for the money they invested.
They should get as much as they can because its their generosity from voting others and their SP that fills the reward pool and their investment that gives Steem its value.
Big investors buying steem is much more important for Steem then someone like me singing a song or playing a violin. That is fact and it is completely understandable.
But i dont know how good it is for investors in longterm to increase their steem returns if it hurts creators? If creators that put in work into their content leave will only creators that put in low effort in content remain? I dont know.
I wont leave and im sure there are people here that put in much more work into their content then me, but even for me it takes a few hours to create a video.
I have to pick a song, learn it, set up where i will record, record the song, edit audio, then edit video, then make a thumbnail, then write the text for the video, then post on all platforms i post on. And all that with not counting the 20 years of practice so i can play like i play.
If those that put in more effort feel like it is not worth it and they leave it seems like those that dont put in much effort will be the ones that are left and content quality will drop.
This is something i wanted to share.
I have read this comment i will screenshot by a commenter called @miniature-tiger. I dont know how accurate this is or if he is just against the HF21 but it seems accurate what he is saying at least at first glance for me..
From this it seems like it will mean that creators will have their rewards reduced a lot. If i understand this correctly (please correct me if i get this wrong) those that get votes around 5$ and above will lose 54% and those that get around 1$ will lose 64% so if you are rewarded on average around, lets say a round number like 10$, you would need to get 54% or $5,4 more votes just to get rewarded the same.
+Plus creators on platforms like Dtube where i post almost everything i make give 10% beneficiary fees to the platform.
EDIT: seems that for the 10$ example the reduction would be around 40%. + beneficiary fees.
I would understand if bots and vote selling go away because of HF21 and all those votes go to curation but some are also saying that this wont change a lot with bots or with vote selling.
But if nothing changes with vote selling does it mean that creators just simply "lose" because there is no place for new votes to come from (like from vote sellers) that will challenge the 64%-54% creator rewards reduction with new votes?
Conclusion:
I will continue to create content even if i get rewarded less then now because i post to other platforms like Cent, Minds, Youtube and i am hoping to enter the beta on Voice soon to see if i can earn something there as well. I also owe Steem a lot because it helped me become a creator. Without Steem i would not have even started making videos.
But i dont know if this change will make me happy.
I can say i do not care about rewards but we all do at least a little bit. Example for me is Whaleshares where I used to crosspost to but since Wls isnt worth much anymore and because i dont have time to engage on all platforms (Steem has always been most important to me) i am on i just stopped posting there. I would probably still post if i could get rewarded there so rewards do mean something i think.
That is it. I hope i didnt bore you and i hope you didnt mind this little opinion piece of mine. :)
I just wanted to share some of what i think about this because everyone is talking about it.
I will see you soon with another video. :D