its not just a popularity contest brother, its the man with the biggest wallet, think, if you invested 100k you could just upvote yourself and make free money, and be put on the top..the system is deffo flawed,
You are viewing a single comment's thread from:
That's actually not a flaw - that's life. You gotta have money to make money! I think that can actually be used to SteemIt's advantage.
this platform is ment to be about quality content, not o i got 100k so ill invest it, post shit, up like my own comments and get 100 bucks or more a day just for upliking my own shit,.. Its a vital flaw mate and if you cant see it i cant help you, its been pointed out buy many users..
I don't think anyone with $100k to invest is putting it into STEEM Power and then just posting a bunch of crap and upvoting it. At 100k SP a 100% upvote is only about $10. If someone invests that kind of cash they are gonna work to make sure they get a positive return on their investment, which means that the value of STEEM goes up, which benefits all of us.
We actually WANT people to be investing their money in STEEM. Check out this post which explains why one of the big problems with SteemIt is that people are NOT investing: https://steemit.com/steemit/@initforthemoney/steemit-s-three-major-problems
ye we need people to invest cos its nearly a ponzi, dude that jerry person did a vid on the whales up voting them self, with fake accounts and getting like 60ty bucks for 3 votes, bit of a joke if you ask me