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RE: How do you feel about Steem drying up as everyone powers up?
@whatamidoing & @freedompoint Don't you think when people with a lot of steem(whale size) power now are going to cash in(power down) their Steem power for dollars once the market price of steem goes toward the 100$ as you mentioned earlier? I really like your poin of view, though, and I hope it is going to be fixed. But I honestly think once you reach some kind of saturation point that whales will power down and new honest content creators rise higher, besides a whale who has shit content can only be at the top for so long.
If that's what they choose to do, sure, some steem will go back into the wild. But they can continue to cash out their sbd gains from posting and curation (maybe even self voting) and keep their massive power and influence.
And who is to stop some outside agent (let's say an account run by facebook) to buy a ton of steem and start using it in ways that are counter productive to the community. I don't see how its safe, fair or sustainable in the long run to have such a disparity in the distribution of wealth.
I do think there are whales who will work to push things in the direction you say, but the problem is systematic and cultural, not personal.