RE: Would Whales be open to a redistribution of wealth for the good of Steemit?

You are viewing a single comment's thread from:

Would Whales be open to a redistribution of wealth for the good of Steemit?

in steemit •  8 years ago 

I understand where your worry is coming from, but the statistics on this thing are not simple. You should take a look at this excellent post on dilution by @hisnameisollie (and also rebuttal to criticism on that). While I believe that the centralization of wealth is not insignificant, I also don't see it as a major threat to Steem.

steemit
8 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
$0.00
    1 vote
    1
    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
    • [-]
      ·  8 years ago 

    thanks it is links like these I am looking for. As to is it a major threat I am going to copy and paste from another comment I made

    Does steemit have the time to allow it to naturally distribute to a more sustainable distribution. What we have at the moment is putting some new users off. There will be other blockchain social media start ups coming through.

    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