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RE: The Currency of Steemit Isn't Steem Power, STEEM, or SBD
Arguably, meritocracy is on the same platform as (currently tried forms of) communism. Solid idea. Practical? Not so much.
I do think the key part of a social network is the social aspect and the relations you build, and yes, some are more equal than others in their social skills or the opportunities they're given.