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RE: Cryptocurrency report by Craig Grant - July 24, 2016

in #cryptocurrency8 years ago

I think that current distribution of steem power is too inequent. As for now 0.63% of all users own 89% of all steem power. Success of the whole steemit comunity depends on how quickly that distribution becomes more fair in terms rewarding real content creators instead of paying out interest to few early investors aka whales.

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yeah that's worrying me also

It will always be like this - this is the only way Steemit will be sustainable financially. If everyone had equal vote and no one invested any money into Steem Power, no one would make money, or make very little.

But yes, Steemit devs need to reign it in before it goes out of hand. It's still early days, I am hopeful they do.

I am not saying strictly equal but less inequent. Current inequety level is just extremly and unnaturaly high, imho.

True. I'm saying the same. They'll need to redistribute the VESTS.