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RE: Blockchain, cryptocurrency and true democracy

in #bitcoin7 years ago

My earliest posts are all about direct democracy. Steemit whitepaper is a document that talks about voting and consensus. I assumed that they wanted to be democratic but that is not the reality. People with steem power can make big money and manipulate the ability of lower balances to make less. its not one man one vote... the steemit experience is like the real world where the rich entrenched have more power and manipulate the system... steemit sounds cools but its a pyramid scheme.. check one of my recent posts to an article about how the founders are each syphoning off 2 million bucks a week from steemit