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RE: Decentralization: Why We Need It? & What Is Wrong With Centralization?
Good question!
How decentralized are Steem and Steemit really?
As long as there is a small group to whom power can be attributed that power is likely to be abused. Even when those people have good intentions!
The discussion on the reward pool structure and the actions of certain (furry) users laying down the law, shows that it's not as decentralized as one might think. Interesting topic, you got my follow.
Thank you, @news-today.
Why do you think power is concentrated? Is it because of whales owning a big percentage of Steem tokens?
Do you see other signs of centralization?
Yes, the majority of the tokens and with that the voting power is in the hands of a small group. With great power comes great responsibility and I hope those few that are actually in control act according to this.
Another sign of centralization is the so called self proclaimed Steemit police force, who with delegated SP from those same few lay down the law.
Don't get me wrong. It could very wel be that the best thing for Steemit is a benevolent dictatorship, but that requires dictators that see the bigger picture here.
What police force? Do you mean Steem Cleaners?
No Steem Cleaners does a great job and they are curtious enough.
Then which police force do you mean?