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RE: Steem Works: A Funding Mechanism for a Worker Proposal System

in #steemit7 years ago (edited)

@ats-david and @lavater I'm very grateful for explaining what may be the cost of fighting Steemit's "inequality" by some kind of communist "nationalization" of steem power. A lot of small Steemians needed this explanation, myself included.

But @aggroed has stated that he is actually "pro-investors", and said: "whales will get slightly less Steem, but I think the value of every individual Steem they already have will be worth loads more". Can you possibly comment on that line of reasoning? Maybe instead of stealing whales property, Steemit community can develop some kind of serious business ideas for them? Is it impossible or wrong for some reasons?

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Can you possibly comment on that line of reasoning?

Sure. It’s not exactly “pro-investor” to continually advocate protocol changes that would negatively impact investors or to continually blame “the 1%” for “minnows not making enough money.”

This is a proof-of-stake blockchain that allocates rewards based on stake-weighted voting. If you’re not happy with your individual results, there’s a way to improve them. Disincentivizing investment and appealing to non-investors isn’t how you get more investment and it doesn’t make you “pro-investor.”

I agree with you 100%, especially as a minnow trying to have my content rewarded.

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