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RE: Let’s talk investors: The fly on the wall... of the padded cell of Steemit
I'd agree with you if I wanted to see 10 people give 100,000usd, but I would rather see 1,000,000 people give 100 usd.
If your math only works for investors we will not become btc's replacement.
What do you think the price will do when 3 people in the smallest towns become outlets for steem for cash?
I'm afraid that this platform will not see it's potential if it is made a millionaires boys club.
I'm not saying that doing that wouldn't be good crapitalism, it would likely make a profit, but it won't change the world.
A stated goal of the project.
10 people giving 100k usd and 1m people giving 100 usd are not mutually exclusive.
The current model is pretty much exclusive to handful people, so any move in the right direction is a good thing.
So, knowing that, do you think allowing whales to farm out their power to their sycophants is a good idea?
Presumably, this is not gonna benefit me, and it will harm more than just me.
I really don't need any whale welfare to get by, especially at the expense of other poor people.
Am I given a choice in this matter, or like Walmart's buying life insurance on it's employees naming the corporation as beneficiary, can the whales force it on me?
I realize the curation awards go to me, and self voting my own posts would be in my best economic interests, but I don't want the current crop of insiders to sink a spike into the platform.
I'd rather see organic excellence rise to the top, not the opinions of the few fed by power.
Allowing this will allow the current crop of overlords to spread their dna on the platform to the detriment of organic spontaneity.
We won't know what 'we' make of it because the whale power will drown out 'our' voice.
Capisce?