@hisnameisollie So the idea is that if you are a whale, and HOARDING steem then you are actually hurting yourself. Whales are better off spreading steem as much as possible so that the masses create a demand for steem making the steem the whales do hold/hoard/save after spreading/distributing to the masses more valueable in the longer term.
Any whales out there with input on this?
@streetstyle
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@streetstyle Overall, it is certainly in the interest of the 'Whales' to get distribution as equal and as wide as possible. Luckily, @steeemit account currently control well over 50% of Steem in circulation, which is the account used to reward new sign ups, and pay for Steemit developers....etc
This account will be the main distribution account to achieve the aims you mentioned, WITHOUT whales donations IMO
Ok got it. The more I learn about the STEEM ecosystem, the more it makes sense. So there is at least one Virtual Whale, and that is the @steemit account. And it will be from this account that the "New STEEM" will be distributed either to new users or for site development etc. So at this point in the life of the STEEMIT ecosystem, it is life dependent for STEEM to be distributed as widely as possible to its current and future users.
Full $teem Ahead.
@streetstyle