You are viewing a single comment's thread from:

RE: Is Steemit a community where the rich get richer and the poor get poorer?

in #steemit8 years ago

Very often people put "income equality" above "income mobility". The authors reward is a meritocracy...is it just? No. Is it fair? Yes in my opinion.

The authors reward creates upward mobility for people who focus on providing value. Curations reward centralize power in order to incentivize the curator to do a good job and care for the long term viability of the project.

ALSO, if marketcap stayed stable, this would be a 0 sum game where value is constantly reshuffled among users.

Coin Marketplace

STEEM 0.15
TRX 0.16
JST 0.028
BTC 67814.21
ETH 2401.94
USDT 1.00
SBD 2.34