what builds the value of the currencies and the website more, out of the financial investment of traders and the valuable content and experience added by website users?
since facebook is said to be worth so much without any form of currency trading, therefore it is fair to say (unless steemit is hugely more profitable (per user) than facebook), that steemit's value may well be in it's userbase and wisdom-base; thus posters need to be rewarded more effectively just for posting quality content - rather than just for having the most money.
since the fiat currency system essentially allows it's controllers to print it in a virtually unlimited way, the door is left open for them to totally dictate the agenda of popular posts here.. Just as they already dictate mainstream media and a lot of alleged 'scientific investigations', for example. balance is necessary.
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Couldn't agree more, giving someone with more money more power, without other factors taken into account, is really problematic. The only thing i am OK with in general is that people with a lot more money make more absolute profit, in other words we should all be given equal opportunities and be rewarded based on the same criteria (for example the quality of the content in SteemIt's case).
followed, btw ;)