RE: Steem Price is being pushed down by 1 person! Speculation on why and where it may end up

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Steem Price is being pushed down by 1 person! Speculation on why and where it may end up

in steemit •  8 years ago 

How does losing our indigenous whales and replacing them with new outsider whales make the system more fair?

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'steemit' is not really a whale, it is the stash of coins that Steemit Inc. has that is earmarked for selling (just like they are doing) and being given away to new users.

  ·  8 years ago (edited)

I'm not implying replacement, I'm implying on distributing the power more evenly, If our current whales don't power down, they will stay the biggest investors forever and scare off any new investor, since he'll have to invest Millions to gain influence. Currently we have, 33 people with very high power, wouldn't it be better if we had say 100? There are 33 people that distribute the most rewards... to a lot of users...