You are viewing a single comment's thread from:
RE: Steem - Post Payouts & Steem Health Part 2
"1% of the people own the 99% of money"
Source on that? I think you're confusing it with this, but it's 1% owns 50% of the wealth, not 99%.
Steem is empirically worse in terms of wealth distribution than the wider world right now, the benefit is that the protocol encourages wider distribution over time, whereas it's the opposite in the fiat world today.
Yeah, you're right. Probably it got adulterated as it traveled all across the Internet.
For Steemians with low SP, this certainly isn't a good data to see 18% people rake in 90% of the moolah 😁😂
It is unrealistic to expect much wider distribution than that at any given time. Even the whitepaper predicted this:
I'd also keep in mind that it's not 18% of people, it's 18% of active accounts. A huge number of those active accounts are voting bots which are bringing in very little rewards.
Just came across this, thought of sharing with you: https://thewire.in/216160/richest-1-cornered-73-wealth-generated-india-2017-oxfam-survey/