RE: The Incentives of Steemit Part 2 - What Steemit Wants to Be vs What Steemit Is

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The Incentives of Steemit Part 2 - What Steemit Wants to Be vs What Steemit Is

in steemit •  7 years ago 

Personally, being someone who just discovered Steemit, it seems to be (I could be wrong) that ultimately one’s influence is, like YouTube and Facebook to a degree, becoming based on how much money you are willing to shell out for promotion.

This being said, I do agree with the whole one vote, one account system proposed, but feel that weighting voting power by rep score is flawed because it would discriminate against those who just began and would stack the deck against them.

Nevertheless, a more Democratic system here would be infinitely better than what it is right now.

Very insightful article though.

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That is interesting point. I see merit in that.

Thanks!