This is already the situation, and bidbots are not its cause.
To some extent, yes - but they surely exploit the situation just like the banks and 'lenders' do offline.
If the steemit account was the only account that ever had premined steem, it would have made more sense.
The delegations and tiny gifts to new joiners have to come from somewhere.
My understanding is that the bulk of the premined steem went to steemit and related accounts (though I don't have any accurate data on that).
They use whichever means available for them.
Same as any "rational" entity does.
You call it exploitation.
Is it any more exploitative than paying to some of these bots and enjoying some nice ROI?
Or renting to them and becoming a shareholder?
This is the game, and it would have probably evolved in a fair system too, which Steem is not.
How did the whales become whales then?
Some of what you call 'rational' is actually psychopathic in many instances - in fact, totally criminal - however, they use their 'whale' status to control the courts and government where necessary. This has been proven over and over again.
Absolutely, yes it is. The former involves deliberately causing imbalance an in order to exploit it and limit the reach of others - while the latter involves simply using whatever methods are available to attempt to resolve the situation (Which will not work because it actually feeds the cause of the problem). To think that the two are the same is like thinking that a fisherman and a fish are the same in their level of exploitation.
I don't have full data on that, some were developers at Steemit as I understand it - who presumably mined. Some joined later as I understand it who were not part of Steemit, but only once a large amount had already been mined.
You got a 75.00% upvote from @luckyvotes courtesy of @stimialiti!
You got a 33.33% upvote from @sleeplesswhale courtesy of @stimialiti!
You got upvoted from @adriatik bot! Thank you to you for using our service. We really hope this will hope to promote your quality content!
This comment has received a 90.91 % upvote from @steemdiffuser thanks to: @stimialiti.
Bids above 0.1 SBD may get additional upvotes from our trail members.
Get Upvotes, Join Our Trail, or Delegate Some SP