I don't agree with this system.
You are creating the definition of "Rich people maintain rich, poor people will be poor forever."
sMerit trading's even happening now in Chinese and Russian local, and does it support my theory, all high rank level now they can sell their Merit to earn money and I saw a Cooper Member from another page support this => Rich maintain rich.
Merit is created for anti-shitposter not for trading and how does it go?
It's ridiculous because right now, at this moment, many high rank level member created their own topic in Meta to give away sMerit for those who reply or report their posts. What is that about? We post and we have to report with you (you are not a dev) to ask for sMerit. How about the other members if they don't report?
Rich people scare of the others to replace their place or make profit more than them. They want to take everything under their control.
I guess in the near future, new members or even one-year members must pay for their post to get merited.
Who will get the most benefit from this Merit system? I don't have to reply this question, we all know the answer.
Example: if you was in bitcointalk forum a few years ago, you posted a lot of under-quality posts and you earned Legendary Rank, so it is unfair with new people joining this forum now.
Another one, the high rank level member is not everywhere in this forum. Even a quality post's made and got a lot of positive replies from another member, if none of them read your post, you won't receive any sMerit so your level will keep maintaining low.
And a lot of projects need bitcointalk rank level such as bitsend airdrop (need Legendary rank), so it is much harder if this new system running.
If you are trying creating a block and keep your high rank level people safety, you are successful. Congrat to devs.
And I lose my faith in this forum. I will still read and post in this forum but not in supporting anymore.
Currently, Merit system has been questioned a lots. Group of people, they will cheat by giving their team member, partner, friends their own Merit score, even their posts are spam posts. How are you gonna control that devs?
If a new forum created and quality much better than you, I will go a new place.
Good luck with your Merit score and congratulation to those who reached Legendary rank one more time (by now, they will get the most benefit of all thing in this crypto-world).
Before you create thing devs, can we make a vote in all member of this forum?
And if you decide create this such of thing, can you also create a new ranking level, which is higher than Legendary rank, and Legendary people must work to earn that level?