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RE: Given a Billion Steemit Accounts, How Many Minnows Would There Be? How Many Dolphins? How Many Whales?

in #steem7 years ago

Another thing to consider is that there is no forced redistribution method like taxes on income or wealth that might exist in other real-world economic systems, combined with the fact that current whales dictate where future steem is distributed (themselves, mostly), and you have a system set up for failure that doesn't scale at all.

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Whale greed will be the demise of steem.