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RE: Who Are The True Owners Of STEEM?!
Sure but, big but the majority of stake and thus voting power is held by 1% including an anonymous investor that has the power to remove a witness from 1st to out of consensus. So, yeah you're right but it doesn't really mean shit..its still us n them just like in the real world, there is a center of steem and unless you got half million sp or equivalent u ain't part of it..
1%? First a large % of the other 99% are bots made during the bubble so you can't really make that 1% math unless you remove all the thousands of bot spam accounts that were made during the bubble. Second, that 1% doesn't have more power than the 99%. That anonymous investor is named @freedom has 2.3% (9B/333B*100) of the total SP, 2.3% isn't that much. The problem is that people don't vote for witnesses, they just leave their SP rotting away in their wallet...
They allow us to do many things, including witness voting, STEEM DAO voting, you can go to discord and talk with some of the top witnesses, etc... we are all part of the center, some have more power then others, but we can all gang up and outpower some of the big accounts...
All fair points. I wasn't offering exact statistics, I'm only illustrating the cynical side that is not impressed by the economics, wealth distribution, political, and off the chain power plays.
Why is it acceptable that discord is the place where all things steem get discussed. And yes that's investors name is freedom but he has zero interactions here which is not wrong it's just does nothing to instill any confidence as there is no transparency or accountability from a ghost account.
So I'll be less critical when I see a fantasy of "ganging" up on accounts happen and see new investors come here. Until then it's mostly idealism, nothing wrong with that as this experiment is a new and very prodigious attempt at utilising a blockchain. But, when I see the kumbaya let's all hold hands and float to the moon I feel an almost duty to counter such platitudes...
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