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RE: Steem Price Falls Further... Do We Need A Culture Shift? @Promo-Mentors: Conceptualizing An Education Platform
At the early start Steem could be mined which gave early miners huge influence. The effect is still felt today in what I described in the post. And I wouldn't be so sure that it gets better, the big stake holders still get most from delegation to bid bods and get most of the curation rewards.
Great post, but lamenting about Unfair Distribution is a total waste of time.
Luckily it was just a small part of the post!
Ok, that is factual. But even a bigger waste of time lamenting the fact! You stated it an moved on, which is great. Makes your other moves even more bold and decisive, working on a platform that has such an infrastructure in place.
This "Early Edge" has led a lot of folks to blog about those events, and call the whole thing a Ponzi Scheme. Unfortunately… Thanks for the reply, gonna follow this effort and see if I can muster up some support!
Regarding "Getting Better" there are (reportedly) lots of "whales powering down", Ned was rumored to, Jerry Banfield, and others. I have not looked at this claim, but market actions seem to lend credibility to that theory. IMO, that creates cheaper steem which is a good thing, and we can grab it. ;-)
I hear SALE! ;)
"Limited Time Only!" 😎