The term.. give awards away is hysterical.
The stakeholders are entrusted with allocating the inflation to that which brings value. Not to use it as payment to themselves.
Would you mine (POW) a token that let those who mined the most previously get all the future mining.... :) Our DPOS is like a Democracy gone bad. Once the masses realize they can vote themselves a raise... it's all over but the crashing.
It is, but that's how people see it.
Oh I agree, it is viewed as their rewards.:) Not arguing just saying, that's so painfully frustrating and short sighted... Sigh.
!
there is no democratic element at all. This is the very point why Steem will die. It´s sad that people see self voting as proof of work. In two ways: first, this shows that they have no clue what POW means, second its the same shit murders do when they kill a child. They look for a reason why their action was justified.
Anyways, we will get our platform without "whales".
Wow...the more things change, the more they stay the same. I don't get the self-vote theory; mainly because the majority of Steemians don't have any value in their upvote. The last hardfork really put a dagger in the vote.
I enjoy Steemit because I simply have never been one to enjoy pointless social media. If technology doesn't serve as a business venture on some level, it's not worth my time/energy....jmho.
I've always felt Steemit had a plan up to a certain point; but, how to make it reproductive lacked fertility.
Lots of people made their millions...powered down...and well as I started...the more things change, the more they stay the same. That's not to include the continued dark start-ups that develop apps that pump and dump...
Peace.