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RE: STEEM blockchain report "Battle of the steemit whales" by Craig Grant - August 10, 2016

in #steem8 years ago

I think that the whole point of Steemit is people putting money where their mouth (opinion) is. It gives substance to the discussion that was never possible before. I have participated on early forums that adopted 'karma' systems and they were only as good as the moderators and politics. But political opinions cost nothing to put forward before, and cost little to overwhelm if you are well connected. But now it's an actual cost to your balance. This will change the balance of power as regards to gaining prominence.