A lesson for every Steemit user.

in investments •  9 years ago 

This Example teaches you a lesson you should learn.

Even thou its a small amount of money involved in this case, this example shows you what a bigger fisch in the pool of Steemit can do to you. And how you can buy influence by holding Steempower ...

Here you see what happened to my post during 24hrs:

20hrs after post

24hrs after post

down vote comes in, takes the salary

What i had left...

My Steempower is at 5.378 STEEM
His Steempower is at 252,956.341 STEEM. |Big dominates small!

This in deed presents a very dangers situation, thinking of what will happen if several Big Steempower holders build a alliance to control the market? This kind of alliance gives space for corruption, media control and muting the freedom of speech.

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This is no good for long term. Whales gonna make unfair mistakes!

  ·  9 years ago (edited)

If they make too many unfair mistakes, posters will leave. It is not to their advantage to alienate but only to encourage the ecosystem. They have large investments (read risk) in Steemit they need ALL the people using the system and acting fairly or the project will fail. Who wants that? No one!

  ·  9 years ago (edited)Reveal Comment

Thus the people with the most to loose have the highest incentive to work to insure fairness. That said the actual program running the the steemit system dose most of the "heavy lifting" to insure fairness automatically.

i kinda agree with you, but in this case the "whale" was right...
you werent the autor, and you didnt quoted the real autor so he flagged(and still tried to manage the situation).

Any way, i understand your point and i really think steem will need to change that.

be my guest to visit my #introduceyourself too:
https://steemit.com/introduceyourself/@steemitdude/introduced-to-the-new-generation-social-media

  ·  9 years ago Reveal Comment