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RE: A Modest Proposal
Now that I think of it, the flag train was caused by a low rep high wealth coward (pardon my language). My reputation was hit though. I earned this. Many helped to bring it back up as well.
That story of yours gets my vote every time I see it pop up, and yes I do read it.
With my proposal in place that could not have happened.
I'll admit, I don't have a full understanding of how all of this works. I've been doing a bit of reading. Some of the things you say do make sense now.
Steemit is a work in progress, it's based on something called the BlockChain which is it based on something called CryptoCurrency.
The whole concept of Crypto-currency (Bit coin was the first) then later Block Chain and the uses it can be put to...is brand new.
Ten years or less I think.
Before high speed, and very cheap, and ubiquitous computers it would have been impossible.