I voted for ~ 10 witnesses yet. It takes time to get to know their positions. And also, as long as witnesses are elected by whales - and in the current system they are - it doesn't make any difference whether you vote or not. That's the sad part. If every vote counted the same, I bet there was more participation in witness voting.
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maybe when it changes!
I disagree completely.
Steem is a total merit system. SP is based upon the contribution to STEEM and the blockchain. You want one voice, one vote. Really, so you feel that a newcomer should have the same impact as someone who has been on here for a long time exerting effort, money, and time into this blockchain. Why does someone who signed up a week ago deserve the same input as say a @jerrybanfield...someone who spends a lot of time promoting STEEM?
You want the same voice as a whale, sorry to be blunt but you dont deserve it. Neither do I. We havent contributed to the platform the same way as they have.
That said, everyone is entitled to increase their voice...simply increase the SP that he or she has. Nobody is prevented from doing that. They just need to contribute more.
Here is a comparison for you.
You joined in November, so I will say you are here two month....in that time you amassed 765 posts. @jeffybanfield started in May, so we will say 7 month...3.5 times as long as you have. Yet he has over 18K posts.
And you honestly tell me that you deserve the same vote, on any level as him?
By the same token, someone who signed up last week and have 15 SP doesnt deserve the same voice as you with two months under your belt and over 700 posts made on here....you contributed a lot more than that person.
I didn't say that. It doesn't has to be 1 account 1 voice. But a system where 0.1% of the accounts have 75% of the power is much more centralized than the real world - and Steem is supposed to be a decentralized system.
If we believe in our own philospohy, which is at it's core the believe that decentralization of power is good and benefits all, we have to build in mechanisms that lead to a better distribution of power.
The current system is a contridiction of our own principle.
The only thing I can tell you is that the system is changing it and moving in the direction faster than any other token I have seen. It is moving to a more decentralized system with each passing month.
For example, the biggest of Whales, steemit, is in the process of powering down 71M SP over a 13 week period. So, basically, this quarter, you are seeing a major shift in power. Steemit is doing this for other apps to use for marketing purposes like it did with D.tube. Hence you are going to see more whales created which changes your .1% number. At the same time, that SP that is sent out is going to be used to entice other users from other sites (like Instagram as an example) to come on here...hence those with big followings on those sites will be rewarded, creating more dolphins in the process.
This is the magical circle of STEEM that myself and a few others write about. It is impossible for one to keep the same position as a percentage as the VP power of others increases (along with more people). Dilution is already taking place.
Whales account for 65% of the MVests now...down from 72% a quarter ago...that is a significant drop in 90 days...I would not be surprised if they were under 60% by the end of March at the rate things are going.
We will see it. If you're right, I'll buy you a beer some time^^
But I am and remain - by nature - a scepticist.
I'd rather adress a problem I falsely see than not adress a real problem that I should have seen.