@wingz : Excellent article.
Do you have any fear that the current "whales" are the equivalent of the fiat bankers? Not necessarily by the intend of the individuals, but by the design of the system.
> * Taking advantage of power...
> Those in power take advantage of their situation, every single time in history, inflation takes place as more and more money is printed, people get paid an extra 2% per year but are actually paying 2%+ per year in living expenditure. The average person smiles as they get their raise not knowing there's another hand taking more away from them.
>The middle class gets squeezed, bankers and those in power siphon off more and more of their 'fake' ... fiat currency by devaluing the dollar further and further and pushing up asset prices.
Hey @gikitiki I think a fantastic rebuttal of your arguments is provided by @the-alien in this recent article https://steemit.com/whales/@the-alien/whales-from-a-strictly-extraterrestrial-point-of-view
My view... and this comes solely from observation is that the system if fairer than you think... take @stellabelle for example... after a couple of months she has almost 5% of the SP as one of the top 3 whales. I went into more detail in this post...
https://steemit.com/steemit/@wingz/steemit-is-much-fairer-and-democratic-than-you-think-here-s-why
Hope it helps :)
Thanks @wingz
Those are both excellent articles.