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RE: Falling STEEM/SBD Price - Proposed Solution to the SBD Debt to Marketcap Ratio Problem

in #steem-price8 years ago

https://steemit.com/steem/@luminousvisions/safe-steemit-1-day-voting-moratorium-for-the-whales

if 10% of the whales don't participate; the other whales can downvote whatever they upvote

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Interesting. I hadn't thought of that. So I will concede that it would at least work. It will still never happen though.

A lot of whales are actually doing good with their voting, and an even larger majority at least think they are. So in their minds, giving up their voting and letting other people have more control, because who doesn't think they are doing the right thing :)

Also, out of curiosity, if the whales stopped voting it would basically be up to the 'dolphins' as to who got all the votes. What is to say that this group (and the minnows who now also have more power) would do a better job promoting content that was in the platform's best interest?

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