That's exactly what I thought after 2 days here. People will be people, and when money and power is involved they screw it up. They always do. ALWAYS. read a history book. So if no rules are implemented to stop people from killing this, they will .... and it'll be a shame! Because in principle this is a very good system, but so was communism .... in principal!
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rules don't make much sense if they favor some people. The system needs to self-regulate otherwise it will implode.
But a society is based on rules, that's the very definition of a society ... without rules there's anarchy, chaos ... it will eventually self regulate ... and the result will be an upper 1% that rules with depressing force over the other 99% scraping by. That's the problem with humanity ... rules or self-regulation it always ends in this same situation followed by revolution. And the cycle starts again. Something like steemit is just the same, but on a much faster, digital age scale. (I'm just rambling :) ... don't mind me)
Rules can be made in a way that help everyone.
Interesting.