RE: If Steem were a country, it would be the most unequal society in the world

You are viewing a single comment's thread from:

If Steem were a country, it would be the most unequal society in the world

in steem •  7 years ago 

Exactly! The freedom of a decentralized economic system lends itself to oligarchy as there is no higher authority to break up concentrations of wealth and power.

I suppose here though there is the company and development team who can simply change the system's rules so it's not set in stone. . . but then again it's not truly decentralized.

steem
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.02
  • Past Payouts $0.02
  • - Author $0.02
  • - Curators $0.00
2 votes
2
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  7 years ago 

    That's where governance protocols come in to "elect" change. The only problem I have with Steem is that other teams are likely eyeing what is happening on Steem and considering how to make an altogether different platform.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      2 votes
      [-]
        ·  7 years ago 

      I suppose that's what the "witnesses" are for? I still have no idea how that all works. Pretty damn new.

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00