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RE: Open Letter to Bidbot Operators

in #steem6 years ago (edited)

Meno thank you for the lengthy post. This subject has interested me for some time. I think it may be a little unfair to call this a fair market here in steemit.

Let me expand. Just assume if tomorrow the US goverment and all state and local non volutary entities disbanded. How would our freemarket look? Im going to guess it would be the worst period in human history but not for the reason people might. Currently in the real world resources are so concentrated that in this situation everyone would end up far worse than they are now..except of course the owners(who got all the resources through government coercion). Which leads me back to steemit, something like 90% of steem is owned by very few. This is equivalent to an oligarchical system and can not be overcome without significant systemic changes.
Im sure steemit has been good to many people and its certainly a move in the right direction but it still retains many of the qualities we all say we despise.

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Won't disagree with that observation, it seems to be the case... however, will it always be the case? is there an opportunity for people to climb?

Fun fact, anyone with more than 500 Steem Power on their wallet is part of the 1% on this platform.

These are valid concerns, very valid... but I'm not convinced they will always be an issue, at least not yet.