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RE: Is Facebook working on its own cryptocurrency to run Facebook on?

in #zerohedge7 years ago

Steemit is decentralised. No one owns steemit.

Not entirely true. 0,005% of users (the 35 whales) control most (app. 80%) of the voting power:
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Whilst I agree the majority of Steem is owned by a few whales that does not mean they own steemit. It’s like saying that because most btc is owned by a few then bitcoin is owned by someone, or that because the majority of worldwide wealth is held by the 100 richest people that they own the USD.