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RE: Steemit's Got Issues! Community Discussion - Whales Cannot Decide Everything - Take 1
Steem is a capitalist society, that further reinforced by the importance of vests for witness voting. But I’m not willing to run with the title as such because if we do we may as well say that we are merely POS rather than DPOS. There is still room for non-purely whale powered witnesses.
Only if some whales abstain from voting. With the current distribution of vests, the whales will always be able to choose the top witnesses.
I agree, the "D" is important, the whales don't make the decisions directly. Still, your contention that "whales don't decide a thing" is not quite correct enough.
That's pretty much what I was getting at. Thanks :)