You are viewing a single comment's thread from:
RE: If There's No Path for Minnows to Become Whales, Can Steemit Survive? 100% of this post goes to@markrmorrisjr to support #dolphinschool
Not worried. Trying to convince more fish to swim their own way instead of leasing their power to big dolphins and whales. Here's how it goes, I get you to rent me your power for a small return. My vote goes in before yours and twenty others, and BAM, I get five times what you get, because of my SP (if I'm a whale) Suckers game. Investing that SP to vote for up and coming accounts and building your own syndicate is where it's at for the long haul. Who knows when the whales may stop selling votes? Or the prices get too high?
I do think minnows delegating their steem power while they are young, is a questionable strategy.
I came here knowing no one and ground my account up, I am now planning on staying here despite not being a great blogger. Why? Because there are other ways to invest and grow my Steem Power.
Why else would I stay if I didn't want to be a blogger when I grow up? (not meant to be said with a "tone"). I didn't picture it this way in the early days, it is what has developed. I agree we have a distribution problem. However, I am fine with the whales earning. The more people who are winning the more attractive this becomes as an investment.
Also, we really don't need to retain people who do not have anything to put in. Either time, outstanding talent or money.