Viewing a response to: @plushzilla/re-paulag-re-plushzilla-how-many-minnows-does-it-take-to-change-a-lightbulb-is-power-inequality-something-we-need-to-worry-about-20171113t220441815z
I love your #bisteemit @paulag. Great post @plushzilla! It's the free market. Investors have the last word on the worth of Steem.
| author | teamsteem |
|---|---|
| permlink | re-plushzilla-re-paulag-re-plushzilla-how-many-minnows-does-it-take-to-change-a-lightbulb-is-power-inequality-something-we-need-to-worry-about-20171114t080241666z |
| category | bisteemit |
| json_metadata | {"tags":["bisteemit"],"users":["paulag","plushzilla"],"app":"steemit/0.1"} |
| created | 2017-11-14 08:02:39 |
| last_update | 2017-11-14 08:02:39 |
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| root_title | "How many minnows does it take to change a lightbulb? Is Power Inequality something we need to worry about?" |
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@teamsteem - I agree, but if investors are going to start complaining about the value of steem and not address some of the underlying issues then they won't see the return on invest that they are hoping for. In a way people who create valuable content are also investors of the platform because they also want to see a return on investment for their efforts rewarding accordingly. Hence if the right balance isn't achieved then no one will get what they want.
| author | plushzilla |
|---|---|
| permlink | re-teamsteem-re-plushzilla-re-paulag-re-plushzilla-how-many-minnows-does-it-take-to-change-a-lightbulb-is-power-inequality-something-we-need-to-worry-about-20171114t104848812z |
| category | bisteemit |
| json_metadata | {"tags":["bisteemit"],"users":["teamsteem"],"app":"steemit/0.1"} |
| created | 2017-11-14 10:48:51 |
| last_update | 2017-11-14 10:48:51 |
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| root_title | "How many minnows does it take to change a lightbulb? Is Power Inequality something we need to worry about?" |
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| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| karenmakescakes | 0 | 5,438,087,674 | 100% |
I agree 100%. What is discussed here is the distribution and this is mostly changed by selling. If current investors think the distribution isn't a problem then they might not sell, if they think the distribution is a problem they will most likely sell than give away their Steem. That's why I made the comment I did.
| author | teamsteem |
|---|---|
| permlink | re-plushzilla-re-teamsteem-re-plushzilla-re-paulag-re-plushzilla-how-many-minnows-does-it-take-to-change-a-lightbulb-is-power-inequality-something-we-need-to-worry-about-20171114t112650099z |
| category | bisteemit |
| json_metadata | {"tags":["bisteemit"],"app":"steemit/0.1"} |
| created | 2017-11-14 11:26:48 |
| last_update | 2017-11-14 11:26:48 |
| depth | 5 |
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| root_title | "How many minnows does it take to change a lightbulb? Is Power Inequality something we need to worry about?" |
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Do you think more delegation is a good solution to the problem? Giving the creators the same powers as the investors so that they can shape the community to their benefit, thus attracting more users and creating more value based on output rather than speculation. At least this provides mutual benefit to the delegator and the delegatee. There will always be a mix of short term traders and long term investors, I am just not sure in what proportions though... so it will be interesting to revisit this post in another 6-12 months time.
| author | plushzilla |
|---|---|
| permlink | re-teamsteem-re-plushzilla-re-teamsteem-re-plushzilla-re-paulag-re-plushzilla-how-many-minnows-does-it-take-to-change-a-lightbulb-is-power-inequality-something-we-need-to-worry-about-20171114t113506398z |
| category | bisteemit |
| json_metadata | {"tags":["bisteemit"],"app":"steemit/0.1"} |
| created | 2017-11-14 11:35:09 |
| last_update | 2017-11-14 11:35:09 |
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| root_title | "How many minnows does it take to change a lightbulb? Is Power Inequality something we need to worry about?" |
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