RE: Do you think Palnet "holds no value" and disagree with minnowsupport bot?
Don't buy and sell votes, it undermines honest voting.
Content creators are competing for the attention of stakeholders in a level playing field. Paying for votes completely defeats the process of rewarding and discovering content based on the voters subjective appraisal which is required for our platform to succeed.
I am even more against schemes that require buyers to dump Steem to purchase votes using an altcoin as it has all the above harmful effects while putting downward price pressure on Steem directly. My downvotes will be very focused on this set of behaviors.
My recommendation is if you believe these alts are pricing in unchallenged vote buying into their value, then that's likely not going to continue for long and your best bet is to sell them before others do, including the creators of these alts themselves.
I am not the only large stakeholder against these initiatives.