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RE: SCAM ALERT: SMS Phishing Hustle Redirects Users To False Coinbase Site
Flagging overvalued posts just moves the rewards to the next overvalued post in line.
As is, flagging overvalued content is futile.
Burning flagged rewards takes them off the table.
This is a change i would like to see.
That assumes all content is overvalued since all content earns more when one post is downvoted. Burning the rewards may mean there is less value for new members and further increases (in theory) the purchasing power of existing entrenched holders. If we don't like the inflation rate, we can change it, but having it change based on the number of people getting downvoted seems like it would incentivize large accounts to do a lot of flagging which might hurt adoption.
The flip side to that argument is the ongoing @burnpost experiment. I still haven't made up my mind if it's a great thing or not, but I do like that they are pushing the price of SBD down and using SP to support useful services.
Alot of it is overvalued, imo.
And most of those flagged rewards are in no danger of getting rounded down.
I guess whales could abuse it, some of them certainly have no qualms about selling votes and selfvoting.
It looks like i will just have to go down the list to get my dime as low on that list as i can.