https://cdn.pixabay.com/photo/2015/03/16/10/59/sunset-675847_960_720.jpg

I've been here on this blockchain for quite some time now.

Not as long as some of the veterans here, but longer than most.

I've had a signficant amount of money invested here and that is because I truly believe in where this ship is headed.

Steemit - the company - recently said that they are considering a flip on the economics model here on Steem.

While I'm not completely against this idea, I am certainly not for the idea of changing the economics of the fundamental blockchain.

Steem is far more than a social media platform - as many other steemians have mentioned.

Steem is now a blockchain for businesses rather than simply a blockchain for blogging.

Changing the underlying economics model will undermine the businesses already built here and that is a horrible mistake, in my honest opinion.

Blogging is something we do on Steemit.com.. Not directly on the Steem blockchain. Steemit, Inc.'s goal with changing the economic incentives are to encourage more eyeballs on Steemit.com so that their ad revenue can go up.

I think that's a fantastic idea - getting more eyeballs and revenue and good content creators... BUT...

I firmly believe that it's a terrible idea to change Steem to accomplish that goal. They ought to release their own SMT or some method of payment through their ad game to encourage more high quality posting/engagement through their website... 

Changing the economics of this blockchain now would disrupt so many people and so many businesses... I just believe that doing that is a bad idea when the main goal is to get people to do more blogging... Want people to do more blogging and commenting? Change the blogging and commenting aspect of the game, not the entire blockchain itself!

<hr>

What are your thoughts on the matter?