RE: Informal feature proposal: quantified proxying of post voting power
Just found this post, and it was posted when not very many people were on Steemit. Now that there are a few more, where will this discussion go? My account, with SteemPower currently worth about 1 bitcoin or $440, doesn't move a 0-vote post up by even one penny when voting with near full power. The idea of the STEEM market was to entice people to buy it to power up their account, making their votes and curation matter. But if 1 bitcoin's worth can't even make a visible dent when upvoting a post, will many end up doing this?
The method of distribution ended giving pretty much most of the voting power to like-minded people and if there aren't broader rewards for broader culture and topics Steemit may never live up to its potential. It could end up as a crypto-centric echo chamber. Steemit has bigger potential than that so personally I'd like to see some intervention.
The inflation is very high and will help debase and therefore redistribute a good part of the initial wealth. People will also likely start selling some of their holdings at some point. Clearly right now most of the voting power is within the hands of like minded people, but that's probably better at this point as this group of people has the common goal of getting Steem to mainstream.