I am far from an expert on blockchain development and implementation, and may be mistaken, but it does seem that a very few have the vast majority of the power and benefit, much as some would say with fiat currencies. Most would say that is the situation you are trying to avoid with cryptocurrencies.
Regulating the number of accounts an individual can hold or total amount an account can claim each day seems reasonable to someone on the outside looking in. Not sure how to regulate what sounds like abuse of the system, but unfortunately it does sound like some have learned how to game the system and screw up what seems to be a good idea.
Sounds like any other government or fiat currency in a way.
As I tend to do, I woke up this morning again thinking about this. For steem ( or Sp or SBD or any cryptocurrency) to maintain value there needs to be a limited defined amount.
If a few control the majority available, then stability of that value and confidence in that crypto (or any currency for that matter) is to easily eroded by possible manipulation and collusion.
Would it be possible to limit an individual to a single account, and devise a system by which the individual could only own a certain percentage of the total available Steem? Beyond that point their earnings may have to go to help others, or they can maintain a smaller percentage of their earnings going forward beyond their limited total percentage, sort of like a tax (ugly word) above a certain level of ownership. That may help reduce the chance of collusion or manipulation.
Also could think about limiting the amount that an individual can upvote themselves.
Much like a newcomer, there would be only a limited amount to contribute to one's own posts, and you would have to depend on the community for support beyond that point, thus further encouraging more valuable posts.
I apologize if these thoughts are redundant or mirror others', I'm just having a flight of ideas this morning, however worthless they may be.
Regardless, these are extremely important concepts for any crypto moving forward, or people like me will be more and more hesitant to invest more $ into the system due to lack of regulations and erosion of confidence.
I am not sure how you could ever limit an individual to a specific account. That would require some sort of centralized body to control.
I also think hardcapping SP seems more hurtful than helpful for any big investors that wanna hold for a bit. Or even for the creators that have 6 million all delegated out to help others.
There are a lot of good 🐋 s and I don't want to negatively effect their ability to grow the platform just because of a few bad eggs.
But hey, answers are usually not perfect so it could be a thing haha.
This so much. Humans will corrupt whatever is beneficial.
Haters.