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RE: The Future of Steemit

in #steemit7 years ago

I’m just wondering if someone could wade onto a platform, buy a load of ABC tokens and start dictating things. You get a lot of people putting Bitcoin paywalls on tokens, so there are plenty who have the capability. Then again, I’m missing some gaps in how SMT works and there is a bit of a gulf in reading a white paper and translating that to the real world!

Regarding using Steemit - I mean I just like using it in its idyllic conceptual state. Which is nice! I can’t really impact this big meta thing that is going on anyway, it’s like busting into a boardroom when I’m some guy who just does the post.

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I’m just wondering if someone could wade onto a platform, buy a load of ABC tokens and start dictating things.

I don't think so. Sorry I cannot give you the perfect answer as to why, but I think (as with Steemit), a particular account would be holding a majority stake. Does this impact decentralized ownership? Perhaps.

I can’t really impact this big meta thing that is going on anyway, it’s like busting into a boardroom when I’m some guy who just does the post.

One or two folks perhaps didn't get the memo here, nicely put!