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RE: Stake-weighted voting is a neo-fascist abomination: anti-liberty, anti-equality, anti-humanity

in #steem5 years ago (edited)

You cannot expect a secure DPoS system if witness voting is account-based as long as account creation is permissionless. It doesn't take much money to purchase accounts in comparison to the amount of money it takes to acquire stake meaningful enough to have significant power over who gets to be witness.

You do realize that purely account-based voting would remove the value of owning Steem Power? Why do you think anyone would want to buy a particular SMT if it made no difference how of it you owned?

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This is not about DPoS or witness voting. Please read the post, it's about allocation of the reward pool.

Value for crypto tokens are determined by speculation.

This is not about DPoS or witness voting. Please read the post, it's about allocation of the reward pool.

If I recall correctly, you didn't say it wasn't about witness voting.

Value for crypto tokens are determined by speculation.

They they are worthless, in for a crash to zero, and should be dumped as long as some fool will still have them.

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