RE: Hive: Plutocracy or Democracy?

[bhoa]

Nice analysis.. The DPOS model is a great one and I love it.

It stands second to none in my opinion.

Anyways, somehow the billionaire still rule the hive ecosystem in my opinion.

Comments

[edicted]

The billionaires gonna rule the hive ecosystem when the total market cap is currently $400M?
Seems thin, but ya never know.
But it raises the question: who will the "billionaires" be?
And will that be a bad thing?

[bhoa]

But it raises the question: who will the "billionaires" be?

The ones who invest a large stake into the system and those that grind harder.

And will that be a bad thing?

Not necessarily

[edicted]

So not the people that build the most value?

In my opinion money that comes in from the outside will be ultimately dwarfed by value that is built from within by a huge margin. It is the value we build from within that entices value from the outside to enter the system.

[bhoa]

It is the value we build from within that entices value from the outside to enter the system.

I totally agree