Steem functions on the basic idea that everyone is honest. And that everyone will try to work towards a fair reward pool.
Human nature says that large SP holders should take as many as they can.
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Steem functions on the basic idea that everyone is honest. And that everyone will try to work towards a fair reward pool.
Human nature says that large SP holders should take as many as they can.
Maybe the gap between the idea of Steemit and human nature is just too big for it to work fairly..
That is always a possibility. I would rather Steemit stay true to what it is and fail than be turned into a centralized authority-policed mess.
Steemit does not function on that idea... It functions based on the idea that shareholders will protect their stake.