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RE: How serious are you about Steemit succeeding?
If whales weren't selling, the power would forever stay in a small group of hands, which causes it's own problems.
If whales weren't selling, the power would forever stay in a small group of hands, which causes it's own problems.
Yes, this is also true. There must be a balance point somewhere. Perhaps by spreading the wealth continually further.
I'm with Matt on this one. Plus it's not like they're dumping a heap of steem onto the market in one go. The price has been relatively stable (for crypto) for a while.