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RE: Explainer: Value Flows on Steem with SMTs [VIDEO]

in #steem7 years ago

the internet is the environment on which thousands of websites can be created. it was free and decentralized and marketing found a way to centralize it again. seeing all these bots receiving investments in steem dollars by transfers of the authors to bots which are returning them the sum multipled by 1.5 as a reward under their posts is already pointing in wrong direction. but that can be fixed. anyway, a free network is no guarantee to be free of loopholes that can be exploited by clever people in the market.

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it wasn't marketing that found a way. It's just the 80/20 rule happening...all creative endeavors distribute themselves according to this power law.

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