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RE: The Heck is going on with Steem?

in #steem7 years ago

Yes, I agree, that's a huge problem. The whales could make enough just from Curation Rewards and Post Rewards, but of course, it's human nature always to want more. They are making just decent money that way, the norm in the real world is 10% ROI per year, but their investment is already making more, has already paid them back tremendously.

One strong account is not enough, we need many more to join, but that's a hard task.

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Steemit Inc would have enough SP to do that. But then there are talks about how bots are good for attracting investors, which is true. But we have to ask ourselves if attracting more investors is worth destroying this platform.

Indeed, Steemit has enough SP, but as @Ned said at SF2, he doesn't want to get involved, so people don't think he has favorites, so I don't think there's too much hope to see any flagging from their side.

It's sad when the investors hurt the community through their practices because they would not earn anything without the community.

There will for sure by no flagging by Steemit Inc (I mean, c'mon, Ned doesn't want to play favourites but then he decides to delegate to dMania instead of to a curation project?). And no witness could ever become a top20 witness without the support of huge vote sellers like freedom, so the Steemit oligarchs won't change the system - the only way would be to start a revolution, but historically we know where that would end!