Let's face it, 5 hive accounts can approve a proposal, you can't do nothing about that. Saying this, I'm not fan about any kind of control! What should happen is, those 4 or 5 that alone can approve one proposal, think what kind of commitment should have someone receiving DHF funds or if regular Powerdown doesn't have to do with commitment. I personally just can make questions and that's all.
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As long as those 5 accounts are staying ahead of inflation's dilution of their stake then this coin is dead, anyway.
Nobody knowingly buys into a perpetual money machine for the few at the expense of the many.
The redshields won't allow the competition.
Not that suckers aren't born every minute, but no way I want to be the exit liquidity of a rigged game.
I'm anxiously awaiting the finding out that my suspicions are true.
I sure hope they are not.
Can you pull the math from the data that proves the top x accounts will persist at the top perpetually from their returns and never have their control diluted by the inflation?
Imo, the only way the coin survives long term is to decentralize those with enough to control it all.
Once it takes 1000 accounts to hand out the first 50% of rewards, not 20, then hive has a chance to not spiral out of control by the crowd renouncing this blatant power grab by the early adopters.
As long as a death spiral amount of control lays in the hands of just a few of us, there is no reason not to expect it to happen given a good enough reason to precipitate it.
That will keep the people that can math from investing, and make suckers of those that can't.
I don't have problems with whales, I'm just trying to contribute with discussion to improve things that in my opinion can be improved.
No worries.
I'm just trying to foment a world that doesn't kowtow to the rich.
As long as money persists, so too does its exploitative systems.
Were our whales to disavow their power, that would be a great day, imo.