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RE: Steem Has a Severe Glitch That Likens It To Reddit, Facebook and Fox News

in #steem8 years ago

¨This unfair use of force ¨ The way steem works currently is that it redistributes 5% of the stack-holders money to content providers. Currently the main stack-holders are the so called steem whales. So its currently mainly their money that is redistributed. Therefore why it shouldn't be their decision for what they want to spent their money and for what not? Even if one whale is starting to behave bad, still other whales could overpower him.

With 5% redistribution per year sooner or later more and more people will get a fair share in steemit. With time whales will become less powerful. Soon with @dan suggestion of vote delegation, a lot more can take part in the voting process with a lot more voting power.
All what i said doesn't mean that I like what @Berniesanders did with his flagging. Currently there no such thing called down-vote implemented. Flagging somebody should not be equal to: ¨oh I think this post is not worth this much money¨. Fagging should be used very carefully and not end in an like and dislike war.