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RE: Why I am negative to "WhaleShares" and believe it will be another "RewardPool-RAPE" for #STEEM.

in #steem-politics7 years ago

As the price of steem rises though the distribution gets worse. As a net percentage it won't change just due to price, but the amount of fiat that separates the 1% of people that own 90% of steem will make it harder to level that playing field.

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Hmm good point, so SteemIt is more of the same then. Just like the world we try to leave behind, on SteemIt the 1% own 99% of the power and there's nothing we can do against it.