I think they'd be better off with 10% of $1 trillion vs 10% of $1 billion.
I don't do caffeine so I'm not sure what I would blow my money on. I think I'd try and buy better leadership but that might only cost $1 billion.
Its just a fact in the math, vote sellers take food out of the mouths of folks that dont need all that much to get by.
Left to the minnows, steem gets mass adoption and the price goes to equalibrium.
Raped by the crapitalusts it flounders along enriching the insiders at the expense of the new fools.
Not necessarily. If all the vote sellers dumped their steem and left the platform the rewards value would net decrease. Without capitalists there wouldn't even be a steem platform to begin with. It didn't just magically appear. Those starving Venezuelans are getting fed in part thanks to greedy capitalists.
Earning rewards is the whole point of the platform.
Buying them defeats the purpose.
Any rewards not voted to you by a noncolluding other are ill gotten gains.
If people want to sell their votes and earn a ROI why not let them? I think it helps the value of steem.
Because they come to dominate the platform and push out the people that dont want to pay to play.
Steem was predicated on helping others, not grabbing it all for yourself.
I don't need it all. 10% of a trillion dollar platform would still be $100 billion. :) lol
Right, all you got to do is take the dollars away from the venezuelan users that can eat all month for the price of one of your lattes.
I think they'd be better off with 10% of $1 trillion vs 10% of $1 billion.
I don't do caffeine so I'm not sure what I would blow my money on. I think I'd try and buy better leadership but that might only cost $1 billion.
Its just a fact in the math, vote sellers take food out of the mouths of folks that dont need all that much to get by.
Left to the minnows, steem gets mass adoption and the price goes to equalibrium.
Raped by the crapitalusts it flounders along enriching the insiders at the expense of the new fools.
Not necessarily. If all the vote sellers dumped their steem and left the platform the rewards value would net decrease. Without capitalists there wouldn't even be a steem platform to begin with. It didn't just magically appear. Those starving Venezuelans are getting fed in part thanks to greedy capitalists.