RE: Steemit (FAQ) Frequently Asked Questions, Common Myths, and Misconceptions
I am not a huge whale, but I do care very much about this platform and recognize that you are all gold that we are literally mining out of the human capacity for creation. Which means all of the users who join from all over the world (some places where 1usd a day is a huge pay raise!)...
I hate to put it that way. Lots of people might think whales are special, but they really are humans with faults and needs for help too. But one thing they had was information and for good reason. Most of those who are in whale positions knew about steem largely because they sniff the hell out of bitshares, attended weekly hangouts with dan larimer and read his blog or sacrificed so much that they got to overhear it while around people who might have let statements slip that pointed to another chain potentially launching.
If it is none of these they likely heard from someone who learned from one of the above. In which case, they should consider themselves very very (like ultra) lucky because they got in on steem within days if not hours after it launched.
Even then some had to survive an early hardfork, which if you think about it is quite an ordeal. But alas crypto is known to be a place of danger--which is why you will often hear people say "don't play with money you can't afford to lose". And they are right.
But other than that, they are just like every other (thoughtful) person out there. If you are thoughtful, you know who you are. You have a tendency to always tinker with ideas and/or stuff attached to/manifested through ideas on a near constant basis, seemingly forever. <--intentional run-on, but i digress :D
So imagine them all joining a community where they empower others and gain over time lots of power and funding in the ecosystem because they have formed groups of peers who resonate and discuss each others perceived the truths as much as possible. Then we are mining the most valuable gold of all. Ideas created and evolved from human interaction.
Remember, whales have to have a long term vision (or steem goes down and they lose alot of value in their Locked steempower). If they are smart...they are investing in things to help allllll the users to do a number of things:
- Create Content
- Get paid
- Invite beloved friends (who are also very likely to upvote your unique content forever, btw...)
- Get paid
- Pay other people
- Get paid
They must all prove themselves to you guys and gals, but so must all the new community members prove themselves. Fortunately, when you create good content, you are bound to get noticed. Or when you have a heart of gold and ideas that make the sun shine...you will eventually get noticed. Everyone's unique value will eventually be more evenly reflected, but anyone who knows how any game works will know that the beta testers (you lucky sods :) and founders/developers (like the GM's and their "GM Islands") live and breathe to keep the ecosystem strong and you empowered.
Not saying we will never disagree. I'm just saying those moments are just as likely to strike gold (maybe moreso) than any other moments in our community.
I can't wait til 1 year from now there are steemit veterans all walking around with upvotes that give .15-4.00 ea. I will laugh...and they will too :)
Per the last sentence, I seriously doubt you can back that prediction up with numbers. VOting is porportional, and the porportional voting power of the whales is growing, not shrinking. There might be a few inbetweeners who had many big articles upvoted and now have a 6 figure balance in SP. But the amount you have to have in your SP account to make a difference with a single vote is growing, not shrinking.
Veteran whales get bored, too rich, and will retire or move on to something new after powering down.
Some whales might even be human and just sort of "die" like in real life.
So what could transpire in a year from now is unknown.
yeah sure, its possible i suppose. But we can make predictions based on observed conditions. There is no evidence, aside from "all the whales might die" (which is kind of greusome and i really wouldnt want my vote to increase in value that way) which indicated that non-whale votes are going to be worth more a year from now (as fuzzy predicted) rather than less. The information available now indicateds that SP is consolidating, not dispersing.