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RE: Meet 12 Steem Superheroes, The Brave Men and Women Powering Up Bigtime

in #steemit9 years ago

This is one of the things I'll be studying as I look at the strategic, game-theoretic aspects of Steem. I'm a little worried that nobody is noticing the fact that these people just purchased influence for themselves. Their vote counts several orders of magnitude more than mine because they've spent money on empowering themselves.

On the other hand, the fact that they've also just locked away all that money is extremely encouraging, because it means they'll have reason to stick around and spend their newly-purchased influence on good content instead of bad. But they could just as well spend their influence on themselves, their friends, their political agendas...

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I definitely sympathize with your concerns, and I have had the same concerns since I realized what Steemit was and how it worked a few months ago.

With that said, you can become a Steemit Superhero and empower yourself by making valuable posts.

true! but they have a head start..

Exactly! And the bigger worry is that a small number of wealthy individuals could purchase a large amount of SP and completely dominate the conversation on here. Somebody like, say, Rupert Murdoch. How do we measure the ability of the community to resist domination by economic elites? It looks worryingly like a pay-to-play system.

true. we'll see. greed is natural. we know that and we can include it in our algorithm of steemit or the model so to say. or we don't and pay the price. we all will, you know? if steemit falls steem falls and those investment are null. so in a way we all want it to succed but it probably won't if corporations dominate the discussion...

Down later you mention that greed is natural. True! Maybe game theory can teach us how to optimize against greed.

https://steemit.com/steem/@biophil/what-does-game-theory-say-about-steem-part-1