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RE: STEEM Analysis :: Ownership Distribution and the Whale Selling Pressure
How do "the poor become poorer"? They are protected against deflation if they are powered up. Do they become poorer just because the actions of the whales drive the price down which lowers their value? If so, wouldn't the whales become "poorer" much quicker in that situation because they have a much larger stake which is losing value?
Unfortunately, the opposite is true.
rich with their weight multiplies its share. the poor can not. and inflation is the same for all - agree.
statistics suggests otherwise. can not see the trend that more and more users own more and more SP. On the contrary - all fewer participants (top 15) kept increasing share. and this trend is maintained every week.
74,467 (94.22% Users) = minnows = 520,995 (0.38% SP)
next week - will increase the number of minnows, but their total assets (SP) decrease. This trend.
I'm asking a specific question though. You said "the poor become poorer."
So let's say Person A has 5 Steem Power today. A few months from now they will have a little more than 5 Steem Power. I'm confused how that individual became poorer? Just because the poor can't make as much as the rich, that doesn't make them "more poor," does it?
There will be more new users, but that doesn't mean someone today becomes more poor than they were yesterday. The value in terms of purchasing power is defined by supply and demand for STEEM and SBD. If it goes up, those with the largest share make the most. If it goes down, they lose the most. No individual "becomes poorer" because someone else becomes richer.
If I give one person $100 and another person $5, the person I gave $5 to didn't become poorer because of the person who got $100.