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RE: Does Steemit Inc Have A Conflict Of Interest?

in #busy • 6 years ago

Changing the way inflation is distributed on the blockchain and reminding everyone that Steemit alone makes this decision is the best way to scare away investors, potential or otherwise.

What's next? Stop inflation from decreasing over time and bumping it up to a flat 20% per year?

All of the proposed changes will be gamed by the stake holders that have the highest incentive to do so. The rich get richer.

In anticipation of these changes being made I'll be designing a few simple apps to show just how easy it will be to game them.

6 years ago in #busy by
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     6 years ago (edited)

    People often don't realize that any change will be gamed. The only way to stop it is identification of unique individuals which obviously gives up privacy.

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     6 years ago 


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       6 years ago 

      "...I'll be designing a few simple apps to show just how easy it will be to game them."

      =D I'll be looking forward to seeing them.

      Thanks!