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RE: Steemfest - A skeptics' view - The dangers of GROUPTHINK etc
I didn't mean that I thought Steemit would become like Amway... only the similar idea of many people at the bottom helping to make people at the top rich at their expense. Steemit also has a product: the posts of many talented people as well as the promise of payment. As for the whale vs minnow reference, that was from various posts by other Steemit people that I have read over the last couple months. Just an observation, I guess. Not meant to offend.
Yea, the question about the concern regarding minows being capriciously destroyed by whales was meant to @dannyshine .
I don't think that a promise of payment is the product which Steemit sells. I think the promise of payment is for the product that they want: the interesting articles people have to offerto their platform. IMO, the only thing Steemit has is the show room or platform and the automated systems available to curators and authors.
My question is who is really concerned that Steemit succeeds at preventing people from earning their fare share of cash on this platform? What is Ned's fare share? He is the first to find a way not to take 100% advantage of the public by giving a share back. What is stopping anyone from starting another kind of Steem on a new site owned by a coop or something non-profit ?