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RE: Blockchain, cryptocurrency and true democracy
Real democracy is direct democracy.. check my earliest posts.. steemit is fatally flawed and truly undemocratic..
Real democracy is direct democracy.. check my earliest posts.. steemit is fatally flawed and truly undemocratic..
You definitely have a point. There are many flaws with this platform. I feel that it is a reflection of what is happening globally as well... The rich are getting richer and can buy influence. I feel that there are a lot of people on here that are putting in work and seeing some decent payouts... but there is certainly a skewed power dynamic favouring those with huge amounts of steempower (the rich or early steem users/devs).
It is an experiment in a free market with uneven distribution (and robots). It very well could fail in the coming months or years... it might not, and that depends on how well the platform adjusts to the changing climate and the demands / needs of the users... it is interesting if nothing else.
I appreciate your comment and looked into some of your content. Thank you.
My earliest posts are all about direct democracy. Steemit whitepaper is a document that talks about voting and consensus. I assumed that they wanted to be democratic but that is not the reality. People with steem power can make big money and manipulate the ability of lower balances to make less. its not one man one vote... the steemit experience is like the real world where the rich entrenched have more power and manipulate the system... steemit sounds cools but its a pyramid scheme.. check one of my recent posts to an article about how the founders are each syphoning off 2 million bucks a week from steemit