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RE: 3 Minnows That Rocked Steemit From Scratch & Making the Pareto Distribution Work For You

in #minnows7 years ago

A great post @cryptoctopus.

I wrote a post similar to this today. The distribution pool of the top account is actually getting less. The Whales and the Orcas went from a 84% share to 82% share in the last quarter (based upon MVests held). This is an 8% annual drop.

Of course, some of the comments were such that people were saying the system is unfair. I even noted that the Whales were not "lucky" but took advantage of opportunities. It took balls to buy STEEM at 6 cents after it dropped from a few dollars....there was a time when it looked like STEEM was done...to buy means one deserves the merits of this decision.

Jealousy is a powerful thing. Of course, the ones who commented about the system not being fair were on it less than two months.

What a surprise.

There is not need to change the system....steem will end up being more equally distributed as time goes by....the reward system is designed that way.