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RE: 25 Reasons Steem Will Replace Bitcoin as #1 Cryptocurrency by 2021!
We upload posts & comments into a decentralized Steem blockchain, and the voting system is not the same thing and I do not want the voting system to be void of capitalism. But who is the cartel? Who is not the cartel? You want everybody to be equal? But people are not equal. Some people will become more rich and some more poor, and that is the beauty of life.
You and I have been having a discussion spread out over many different blogs thus not all of my replies to you are in one place for the reader.
Even though I have already explained to you that egalitarianism is not my goal nor am I alleging a lack of egalitarianism as being a fault of Steem. You don’t seem to understand how the game theory of Steem’s reward system is deleterious because it isn’t meritorious nor equitable, and it encourages everyone (who has any significant wallet balance) to defect and vote for themselves (via sockpuppets if necessary). Don’t conflate inequitable with inequality. Conflating the two words is a failure to use definitions correctly. Unfortunately all the English dictionaries have an incomplete definition of the terms ‘inequity’ and ‘inequitable’ that emphasizes only unfairness and unjust.
So I am referring to the antithesis of the #2 definition above. So by inequity, I mean not proportional to the shares issued. I mean that whales are able to generate rewards which exceed the proportional of their ownership share. IOW, I am saying that Steem’s reward system is not capitalism and instead Communist Fascism. In Communist Fascism the State controlled by an oligarchy of Tzars owns everything and steals everything from the people. Their takings are not by way of merit and capital investment but rather by decree or fiat.
This is a discussion we can have in the future. I do not want to expend more precious time on this now. If you reply again to this comment, I will not have time to reply. Please save this discussion for the future time when I have already launched my project and then want to have a roundtable or AMA discussion with the community.
If Steemit is more communistic like you are saying, and I am seeing some of that, then I hope we can reform it and/or leave to better places maybe.
Where I was explaining about that communism in Steem and EOS, I also told you I am building the replacement now and some example logos are here and here.
The Grok one is interesting.