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RE: The Steemit account does not curate. Why?

in #dpoll7 years ago

Other. They indicated at the beginning that their large stake would eventually be mostly given to the community (which didn't happen). There has been a knock on them from the start over that large stake being centralization which has been part of the FUD we see in the larger cryptoshere. If they were to begin using it, it would bolster that attack, as well as shrink the pool from everyone else. Indirectly they already have a massive pull from the vest adjustments from the pool.

Notice that for the most part, they allow this to be a wild west free for all. They could use their stake to stop many things, use it to promote many things. They have shown for the most part they are willing to cede control until such a time as others raise a large enough stake to shed them of the FUD.

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Hey, @practicalthought.

I've read about the eventual dispersal to the community. While it hasn't largely happened yet, they do have 10 million STEEM committed to the foundation the STEEM Alliance is working on. And while that doesn't constitute all their STEEM, it's a hefty amount. If it happens, obviously.

I get the centralization part. I also get that they created STEEM and despite what anyone else thinks, by virtue of creating it, they have more right to it than anyone. Even if they welch on their good intentions. It is true, that has consequences, and people call it all kinds of things, but as you say later, they've really done nothing, overtly anyway, that I can tell. They're not really controlling anything here, other than through the hard forks, and for the most part, they've made things more Wild West than not (except if you don't have money to invest or another way to quickly pump up RCs).

re: shrink the pool

I've read that, too, but how do we know this? And would it make any difference if they were upvoting at a quarter of percent as opposed to 10 percent or higher?

I went looking for posts (unfortunately spent most of the day doing it) and came up with nothing regarding why Steemit shouldn't do it. I know I've read comments as to why, but those are even harder to find.

I've come to the conclusion on a lot of what happens here, especially after Hard Fork 20, that no one really knows what would happen, and that it's oftentimes (maybe not all the time) merely conjecture. I don't want conjecture. I want proof. I want to see where it was tested and how badly it failed. Maybe someone has already done that and I just can't find it because, well, you can't hardly find what you want on STEEM.

Which is another thing, but besides the point. :)

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