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RE: Addressing "The Ugly Truth Behind Steemit"

in #steem8 years ago (edited)

Fair distribution is always a concern in the crypto world. I think one aspect of Steem that is vastly different than most competing currencies is the fact that you don't need to invest your own money to obtain steem, steem dollars, or steem power. Also, because of the high dilution rate, the % of vests that the top account holders currently have has been decreasing recently and should continue to do so.

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Yes, not requiring upfront investment to get involved is hugely important and I'm sure that there will be a crypto token that is massively successful in the future. I'm not sure it will be Steem though.

Success will be dependent on how they address these two issues imo.

Hopefully this post will get some additional response from the community and especially the earlier investors, it would be nice to see this discussed openly.

Unfortunately since this is a low value account, it's highly likely no one will see it : (

cc/ @dantheman

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