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RE: Proposed Changes to Steem Economy
I understand that perspective of rewarding them with other people's money, but bitcoin rewards miners with investors' money as new bitcoin is created.
The beauty of PoW is that there's no centralization of power, bitcoin treat every miner and every stakeholder equally , and bitcoin has the first move advantage, but STEEM doesn't , if steemit cann't grow it's user base, it would be dead.