Anyone with any sense knows that that people spending shit loads of money to buy or hire SP are not going to use that to vote for other people. That's the height of naivety. Of course they're going to use it to upvote themselves. Most of those people are An-caps, not communists.
You are viewing a single comment's thread from:
Yup, we can't really blame the users of a flawed system. If the system allows it, people will do it :)
Yes very true. However Steemit is not a country, nor does it have a government in that sense, so the AnCap ideals as applied to state (or indeed anti-state) politics often seem to me to be misdirected. Steemit is more like a company which has very convoluted rules for distributing newly issued shares (SP) and operates a currency (STEEM / SBD).
We all, as shareholders, have some limited (extremely limited as @elfspice as pointed out) influence to change the arbitrary rules of new share issuance for the better long term value of the project as a whole. In real life companies, those shareholders looking for a quick payday at the expense of the project or those who take advantage of the other shareholders good will (willing to vote for others in this context) are similarly challenged. I am glad to say it is happening here too.