You are viewing a single comment's thread from:
RE: STEEMINT Brief 001 - WhaleShares
You raise all my concerns as well @playfulfoodie
I do believe that the long term success of steemit hinges on the best content to float to the top, and established curation trails can be a misaligned incentive
The whaleshares program is unlikely to help in this respect, but with delegated votes in place, it's only a matter of time before a market surrounding voting power will form outside of the currency itself (which I think could be very problematic, and wonder if the advantages of having delegated votes will outweigh its costs). So even if whaleshares doesn't take off, something else similar most likely would given the current blockchain rules.
That's a good point you raise about the delegated votes. I actually never paid it a lot of attention, because I had no idea how it would be used. I think you're right about it raising the same concerns.
I really do wonder what Steemit will look like, a year from now. Or when the masses come. It'll be interesting, but I'm not sure if it'll be better. Not for the regular people I mean.