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RE: @dan Taking On @haejin ! Over 300 000 SP delegation to @haejin from @ranchorelaxo
no one can adequately stop 2 whales from abusing the system - this is a major flaw in the entire economic model that no one seems to understand how to fix "just flag them!!" etc. This means steemit will be nonviable long term as it can clearly be monopolized by a few users for their own personal gain - which isn't against the rules - just a bad economic model and goes against everything steemit is supposed to stand for - decentralization of wealth, ownership etc. if two users can amass so much steem power then they actually own the equivalent % of the steemit network.
Exactly this.
But I would also add that this extremely abusive behaviour is also bad for the network's price too!
For instance, what if they just decide to "shitpost" and upvote each other? They would have the monopoly over rewards independently of the opposite 99.9% of the Steemit community,.
And whole Steemit will be filled with no valuable content. Which in term will make people drop the platform entirely.
nothing wrong with shitposting - I do it all the time :P
Quality shitposting? :D
No...its shit.
Yeah.. and i think its already being done by some people..
i agree with you 100%.. this flaw is being exposed now and it will start showing its results more and more with the passage of time.
Anyone who gets serious steempower can put "MARTIAL LAW" on steemit. That should not be allowed. i believe that someone, someday will come up with a solution but right now, its a flaw and its wide open to be used as an abuse.
i usually don't comment on any big steempower guy because that might bring in out of the shade and who know, someone decides to flag me. so actually this system is doing is that it is restricting people more and more to express their views.
That's another problem with the whole flag system - if you flag someone, they just flag you back, so no one flags. It's so stupid.