Not sure about that, https://steemwhales.com/ shows the ~5% you talk about to be dolphins, and it says minnows have 0.73%. Every post on the front page at any given time is an auto-voted post.
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Not sure about that, https://steemwhales.com/ shows the ~5% you talk about to be dolphins, and it says minnows have 0.73%. Every post on the front page at any given time is an auto-voted post.
You are right...my bad ...I was going from memory...it was the bottom percentile that went up 5% last year.
You have 3 SP....times that by 12 and you that is 36...now multiply that over 500K people over the next year and you see that much of the newer STEEM is going in the hands of newer people. Since 75% of the reward pool goes to authors, the top 200 accounts simply cannot write enough articles to keep pace.
I will agree with you that there is at least movement in the direction you implied, and that steemit isn't as bad as other coins where there is nothing but more concentration of wealth. I think that much of the botting and delegation here does allow for passive income to be made, increasing investor appeal but decreasing average user appeal.
I will disagree with you on that.
In my 5 months on here, I have seen people go from zero to dolphin. My own account has increased significantly.
This is a place where people can come on and make some money...so the average user has a chance to build his or her account which also should see an increase over time in terms of dollars.