With @xxxxxxxxxx He simply owns and holds a huge amount of SIM, vote weight is your SIM balance averaged over the last 30 days I believe. Most people backing @ecoinstant are generally building up their SIM balances to increase their vote weight. Hopefully in a few elections @ecoinstant will win.
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I see. I guess my title should have been the other way around -- "He who controls the money controls the power".
The thought that it will take a few elections to even have a hope of electing someone else makes this feel even more like a joke. The President can manipulate the taxes to benefit mostly his and his allies' towns, giving them more income and voting power. Seems like it would be difficult for anyone else to gain control.
The good thing is he probably only controls around 20% of the vote weight at the moment, and one can always purchase more SIM to boost as well which I think is what @xxxxxxxxxx did partly.
Generally to get to his power level he has to invest a huge amount of hive so it doesn't come without it's risks, Also I like the fact that this consistent control over the presidency has driven people to save up and fight back. Dictatorships never last.