The Purpose of Flags/Downvotes by lyndsaybowes

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· @lyndsaybowes · (edited)
$6.42
The Purpose of Flags/Downvotes
<center>Try and watch the video before you comment this time, mkay.  It is time for flagging myths to be debunked and talked about once again...If you don't feel comfortable with this subject, the door is to your left.</center> 


## <center>VIDEO: STEEM Rant #1: Flagging & Reward Pool Myths</center>
# <center>***Created on May 3rd, 2018***</center>

https://youtu.be/DP0KztyqxIU
<center>**(Video 4:41)**</center>
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 190 others
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@tibfox ·
$0.03
Thank you for making this rant and the deep explainations for new users here. This was pretty eye-opening for me. 
And Also thanks a lot for all the users fighting against abuse!
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@lyndsaybowes ·
$0.03
Thank you for having an open mind about this information <3 Have a great day @tibfox!
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@cryptospa ·
@lyndsaybowes, it was very interesting for me to watch the video. I find the information in it to be very useful. 
I am sure that angels and other mystic creatures that live on the blockchain will help the good Steemians...
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@novacadian ·
>I am sure that angels and other mystic creatures that live on the blockchain will help the good Steemians...

My feeling is that Lyndsay *is* such an angel. 😎
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@cryptospa ·
@novacadian, the time will show who the Angels on the Steem blickchain are.

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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@berniesanders · (edited)
@fulltimegeek does not believe in flagging racism.  Isn’t that proper use of a flag?

Flags are for use however the blockchain allows. 

There’s no fucking myth, flag whatever the fuck you want, ignore the ignorant SJW.
πŸ‘  ,
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@lyndsaybowes ·
When you twist shit around, it may fool some, but it doesn't work on me, sorry hun.

@fulltimegeek is the least racist man I've ever met.  You sound just like a donkey right now.  The racism card.  C'mon, be original at least.
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@berniesanders · (edited)
Real men don’t believe the earth is flat or hosts aliens. He’s an ignorant sheep.

Also there are like 4 people here who care about you and I assure you I am not one of them.  I legitimately find you and your beliefs repulsive and wish you didn’t have the ability to breed.

The blockchain doesn’t lie.  He upvoted a racist.  End of story.
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@kimcanadiancares ·
great info..thanks <3
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@practicalthought ·
$3.63
You mention that the flags are necessary or else the pool would shrink from those with higher stake using it to their best advantage. I have heard this since coming here and it has never sat right with me. Let me explain why.

Those who have a lot of stake received it in one of a few ways. 

* Either they were blessed enough to have been part of the initial mine (right place/right time/right knowledge).

* They got in at the start and received phenomenal support from the initial miners/buyers of Steem and stuck with it.

* They invested heavily out of pocket.

All three scenarios describe deserving people who came by their stake honestly and through hard work. And before anyone reading this tries to say that the initial miners had it easy, Pffft. I read that thread where it took place. Not only did they have the knowledge on how to do it, but they actually had to overcome barriers set in place by the founders in their attempt to limit the amount mined not in their hands. There were a couple people who were active in helping the others on those boards work past those barriers, and if not for them the concentration would be in fewer hands than what we see now. 

So all three positions have this large amount of stake, and like all of us (including low stake holders such as myself), they have to adhere to the math calculations dividing the pool up. It seems to me that it is not their fault that the math is what it is. That blame belongs to those who created the pool economy, and thereafter to the top witnesses who have tinkered with it. I would ask why those who have large stakes shouldn't expect higher rewards in compensation for their work/investment? It seems to me that if they are told they should settle for less than their share (an equal share to those of lower holdings percentage wise) that for the investor class who would see Steem solely as an investment vehicle as most of the crypto world sees crypto, they would not be prone to sinking their money here. 

I have been the beneficiary of several larger holders interest, and have been thankful. What makes it so special is that they have given it willingly, from them to me. I have no right to it, and it doesn't sit right with me either the idea that the smaller accounts could feel entitled to a larger share at the expense of those more fortunate (however they got that way).

The pool itself is an impediment for many investors who have no wish to blog/post, as daily their investment would be watered down by the daily pool creation of Steem. Taking from them if they decide to come with their investment because they brought to much would seem to further give those with money a pause in doing so. 

We need the investors. Not a thousand or two like me who have thrown 400.00+ into this. Real investors who see possibilities with the chain. 

Ultimately if someone with a lot of stake is making large payouts on their holdings, they are not to blame. It is the pool math that is faulty, and those with the power of that math.
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@lyndsaybowes ·
$0.04
Ok, here is another way to look at it:  With any other coins, or investment for that matter, how does one get their "roi"?
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@novacadian · (edited)
$0.04
Also, there are not any POW coins known to me that pay a consistent 15% interest on their vested stake. That 15% is earned just like a savings account whether they post or not. A  consistent 15% ROI would make most stock market investors salivate.
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@practicalthought ·
$0.03
I get what you are saying, however the types of investors that will make this chain strong are not the typical point traders. And as I mentioned, those who have are rightly wary when they hear they should do with less because they already have more. There are other vehicles of investment they could turn to that does not have that form of possible loss. Steem has a lot of potential to evolve past many of the issues the other chains are having due to the speculation coupled with the bubble cause by exchanges and fiat. Bringing in large investments from those thinking long term would go far in pushing what is possible into reality.
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@steem-ua ·
#### Hi @lyndsaybowes!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your **UA** account score is currently 5.433 which ranks you at **#623** across all Steem accounts.
Your rank has improved 23 places in the last three days (old rank 646).

In our last Algorithmic Curation Round, consisting of 254 contributions, your post is ranked at **#12**.
##### Evaluation of your UA score:

* You've built up a nice network.
* The readers appreciate your great work!
* Great user engagement! You rock!


**Feel free to join our [@steem-ua Discord server](https://discord.gg/KpBNYGz)**
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@caladium ·
does this mean the BEST thing I do for the REWARD POOL is to flag whales all day?
πŸ‘Ž  
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@novacadian · (edited)
Be sure to follow the flagging guidelines, @caladium. You can then ask for help should *someone* do a retaliatory flagging.

![Screenshot_2018-11-24-10-56-40.png](https://cdn.steemitimages.com/DQmZraJqSk9Eo3FHz7SpC2UdgkqR3K8Uc9SgyXwZaDW5Rf9/Screenshot_2018-11-24-10-56-40.png)
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@novacadian ·
@lyndsaybowes can you connect with me on discord (novacadian#6070) to discuss an account for my son-in-common-law?
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@lyndsaybowes ·
$0.05
Yep, done and done. Also, well done on getting off facebook, look forward to opening your son in common law's account for him.  lol.
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root_title"The Purpose of Flags/Downvotes"
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vote details (4)