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RE: Game Theory 102 - Blockchain and Cooperative Games
Yes, I think I understand. Steem is a "plutocracy". Far from perfect when compared to our current democratic society but the human society has evolved 7000 to reach this state. Blockchain community have evolved from "absolute monarchies" to include some degree of power dispersion over only 3 years, a pretty good result.
I recommend you read this post: Why Blockchain is a Revolution