Should bid bots Only Accept Posts with @null Beneficiary?

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(Edited)

I know we’ve been having issues with the price of steem and the broken SBD peg and people’s are trying to fix it with the burn post and SBD potato posts which has divided the community because of its domination of the trending

We haven’t been onboarding enough users to gobble up the inflation and peeps are installing and dumping steem so removing steem from circulation seems like the only plan to help bring some sort of stability and growth

I was wondering if bid bots could be altered to only accept bids from those who set their post beneficiary to @null and return bids with a message to do so if the user does not

The promotions tab clearly wasn’t a popular case for burning and bid bots have been a far more popular option of promotion so if it can encourage users to bid bot in a way that reduces inflation wouldn’t that sort of help?

Let me know your thoughts and if it’s possible! Just a random idea that came to mind

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12 comments
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He can be an option but we can decrease the inflation rate with a hard fork.

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Is there any talk of it happening? I mean it’s really papering over the crack which is that we’re not acquiring enough users as we thought we would for the inflation that’s created there isn’t a real competition for rewards and stacking them

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No, but people complain a lot about this blockchain, don't stay and leave.

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No idea if it would be helpful.

Posted using Partiko Android

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Well clearly we need to either do more to get rid of steem and burn it or make it easier for more people to get in and stay in and want to keep steem

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Yes :)

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Lol glad I’m not the only one that thinks it’s a good idea

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Hi @chekohler!

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It will be helpful but can it really be done

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I’m not sure, I’m not a bid bot owner you’d have to ask around! Lol I just put the idea out there

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I think we've got to create demand for STEEM power, and onboard people and organizations to set up shop and stake on the network. I don't think expecting individuals, bots, etc. to burn rewards is going to do anything long term. It would help to conserve DV power if I knew that the customers of certain bots were burning all their rewards.

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