Viewing a response to: @elear/you-are-playing-the-very-wrong-game-with-the-very-wrong-guy-i-am-gonna-turn-you-down
>Whales sell upvotes. I must be honest. I used them sometimes as well, until I realised how bad this approach is. Thanks God their tokens are losing value every single day. Why on earth would you want the value of the tokens to lose value? Especially if you're building Utopian on top of Steem? Makes no sense. Anyway, sick project. I've got some ideas that I definitely want to plug into it. You're doing the Lord's work, @elear. Fuck the scammers.
author | joshpeterson |
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permlink | re-elear-you-are-playing-the-very-wrong-game-with-the-very-wrong-guy-i-am-gonna-turn-you-down-20171117t064144392z |
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>"Why on earth would you want the value of the tokens to lose value?" Most of the Steem extant was mined before Steemit existed. Since Steem is inflationary, as the increase in tokens spreads the value of the blockchain to a wider community, the relative power of the whales - which @elear showed is being abused - is decreased, and the power of those that invest cash, or writing, to gain tokens is increased. That's why I agree with his statement, anyway.
author | valued-customer |
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permlink | re-joshpeterson-re-elear-you-are-playing-the-very-wrong-game-with-the-very-wrong-guy-i-am-gonna-turn-you-down-20171118t175928302z |
category | opensource |
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