I have a question concerning this action, I don't want in the middle of anything as I don't even know what happened. But...
Say someone has like 5000 steem power and is abusing the flag or simply trolling. And a whale such as yourself starts flagging them, how does that prevent them from continuing to abuse their steem power ?
It doesn't.
That's interesting because I kinda thought about a scenario where "Mega Corp X" comes in and buys up loads of steep power and starts spamming the crap out of us...
I know everyone wants everything decentralized and all that but at the end of the day Steemit is just php-sql pulling from the blockchain and could easily add an admin panel to block such abuse.
Members in good standing could even vote on and impeach said admins...
Just a thought, thanks for the reply...
Then no one would use Steemit, price'd reach near zero, and it'd be a bad investment for the "Mega Corp X" after all.
What if it was in Mega Corp X interest to take down steemit? It's not unusual for corps to try to buy out competitors.
Since Steem and Steemit are open-source softwares, we could start again in that not likely case. Even Mega Corp X has not infinite money to buy out every relaunched Steem clone.
From a buyout, the brand would suffer, but not the idea.
Steemit would see some serious changes in power if I win the lottery. I'd buy so much freaking steem power, all of it. haha. I know that's redundant. But still enough to be louder than all.