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RE: Hive: Plutocracy or Democracy?

in LeoFinance3 years ago

Even more importantly, the accounts scooping up massive amounts of Hive are non-toxic good-actors, which is even more important than decentralization.

I keep thinking back to you talking about the way that the top HIVE hodlers (and the influence that they have over governance), is changing over time.

For example, a lot of the top witnesses selling their rewards, hence slowly losing influence.

Then what just 1 successful Hive community bringing value from outside in, and turning that value back into HIVE stake.

You're a prime example of this happening on a small scale during the first LEO pump.

It's likely we will see this shift on a much larger scale during the next.

Exciting!

Posted Using LeoFinance Beta