anyone can flag any post for no reason, with no accountability, and just take all your money away?
That's how it is. Regular people don't do it because they aren't rich and can hurt themselves to get flagged by others. But the rich rulers can get away with it, so some of them flag anyone they want for any made up reason and people can't do anything but speak about it. bernie has multiple accounts that he spread his SP around and used them to flag with lots of power. He had over 1,000,000 SP in his account before he started to spread it to his sock-puppets.
Thanks for the feedback.
So let me get this straight. I, personally, can just click on the 'trending' tab, and, say, flag the 20 biggest-earning articles there, and nullify their earnings. And all they can do, is flag my 3-cent-earning articles. And no one can stop me. Correct?
Cos if that's correct, we're in dire need of a hardfork 20! Just a noob's opinion!
Edit: Or is flagging (downvoting) literally like upvoting, so I can only downvote according to my steem power (so, in my case, just a few cents)?
You don't have SP to really affect their posts. But they have more, and they can flag you back after pissing them off lol. You can flag them but it does nothing to them. No one can stop you, but your flag doesn't really matter. Yes, it's based on SP. The rich have lots, and one of them can take away hundreds of dollars alone.
Oh ok.
So there goes the argument that facebook got nothing on steemit. Just like in the real world, the powerful can abuse their power, the witnesses vote on how much they themselves get paid (like senators), etc.
Disappointing.
I love how you keep referring to the "rich". Don't be so butthurt just because you're not. It's really not flattering and makes you look fucking pathetic.