You are viewing a single comment's thread from:
RE: Is Facebook working on its own cryptocurrency to run Facebook on?
Steemit is decentralised. No one owns steemit.
Not entirely true. 0,005% of users (the 35 whales) control most (app. 80%) of the voting power:
Whilst I agree the majority of Steem is owned by a few whales that does not mean they own steemit. It’s like saying that because most btc is owned by a few then bitcoin is owned by someone, or that because the majority of worldwide wealth is held by the 100 richest people that they own the USD.
exactly!