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RE: Update On The Steem Proposal System Was Just Released
Another reason why donation system can be bad is that it can make those who donate have more power and in control.
Only the largest project can run this way and usually in parts.
But Blockchain system based work process can also be bad if not done the right way:
https://medium.com/@arjunblj/zcash-the-founder-incentive-trilemma-fe7689fc8293