You are viewing a single comment's thread from:

RE: Would Whales be open to a redistribution of wealth for the good of Steemit?

in #steemit8 years ago

I understand where your worry is coming from, but the statistics on this thing are not simple. You should take a look at this excellent post on dilution by @hisnameisollie (and also rebuttal to criticism on that). While I believe that the centralization of wealth is not insignificant, I also don't see it as a major threat to Steem.

Sort:  

thanks it is links like these I am looking for. As to is it a major threat I am going to copy and paste from another comment I made

Does steemit have the time to allow it to naturally distribute to a more sustainable distribution. What we have at the moment is putting some new users off. There will be other blockchain social media start ups coming through.

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 59220.04
ETH 2316.03
USDT 1.00
SBD 2.51