RE: Is vote buying and collusion an issue?
Thq question is if true decentralization of wealth will ever work imo.
If/when BTC becomes the store of value for the masses the people with just 1 BTC will be super rich and even people with I believe 0.28 BTC will be in the 1%.
In steemit many people have a sense of exclution as they think they deserve big upvotes from the whales. While the truth is in not many other chains you get rewarded for taking part without putting money upfront.
If I want to mine BTC/XMR/ETH I need equipment which I dont get for free.
Yes it is up to the whales and orcas to include smaller accounts but of course they want to earn as well afterall arent they who put money/BTC into the system who put a $/satoshi price on the steemtoken?
Here we are many and while collusion is not optimal it is not as hurtful as in a smaller circle.
If 2 players collude in a 180 sng it is not as bad for the other indivdiuals as if 2 players do it in a 6 max sng.
If more do it in a small circle the worse it gets for the indivdual who is not taking part