You are viewing a single comment's thread from:

RE: The Whales Are the New Nobility on Steemit

in #steemit9 years ago

I get what you're saying, but I don't think it's as bad as you make it. It's not like us minnows are completely shut out with no way to improve our lot. Theoretically at least, anyone could buy influence by purchasing Steem and then powering it up. There's tons of volume on the exchanges so there's no limit to how much Steem you could acquire. Granted, it is expensive. Would have been nice to have been an early adopter, but regardless, if this is important to you and posting content isn't earning you the big rewards, you could just go buy some Steem and then your influence will grow.

Sort:  

The price of STEEM makes it prohibitively expensive to increase your SP through purchasing. This essentially means that to have any significant effect on your SP you need to be wealthy in real life - hence perpetuating the everyday inequalities we see anyway. If you are part of the modern life "nobility" you can buy yourself the same role on STEEMIT. I don't see that as a solution.