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RE: Rethinking Steemit - Still Broke? Here's Why
Perhaps it is worth looking after philosophy of SteemPower and weight of a vote? The weight of vote of 1 account has to be always equal to 1 dollar. But each subsequent vote reduces vote cost. So 100% of Voting power = $1, 80% = $0,8 and so on. Speed of restoration from 0 to 1 depends on quantity of STEEM POWER — 10 steem power restore, voice weight completely in 1 week, 1.000.000 steem power in 10 seconds. It would bring much more balance in long-term prospect. Also would solve a problem, whales, dolphins and gudgeons.
I don't think this would be a good idea because it would result in mass inflation. Right now, the power lies with a few but regardless the same final amount currency is distributed on a daily basis. Even small votes count still - it's just not worth much. And why should it? Your vote will be worth more once you prove your content - i.e. Get votes from whales. But as the article states, this won't happen for everyone, which is fine. Thanks for the input though! :)
For example, the cumulative effect from voting of these three accounts @itsascam, @steemroller, @steemed one “whale” is equal to $ 500.
Right?
How many votes of users with account balance - $ 100 are required in order the author’s post will get the same value?
I'm not good at math, but I get about 261780 votes of users.
1 ≥ 261780.
you can check here: http://www.steemdollar.com/dollar_per_vote.php?name=
It is worth noting that 24,000 accounts have less than $ 10 in their accounts. You consider such distribution fair? 2 500 000 people with balance of the account as yours will be required to give to the author of $500.
I appreciate that you've got such a strong interest in this topic. Like I said, I don't think the money distribution is any problem at the moment. Another thing to consider is money allocation in the real world which is just as lopsided. Again, thanks for offering your perspective :)