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RE: Hive: Plutocracy or Democracy?

in LeoFinance3 years ago

If people understood that by staking the LEO they get and giving out powerd-up upvotes to quality content creators, we'd all succeed together more efficiently. Even if I can only give out .1 LEO max right now, it's still worth something to someone. It is worth something to me.

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LEO doesnt directly influence governance on Hive yet it does use the same model in terms of the POB distribution. For that reason, each upvote given to a smaller account using Hive will enhance the value of that person's position on the blockchain.

Over time, we do see things spreading out.

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