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RE: why i think steemit is a scam
i saw this post,the forum will get value only if there are not whales,if the whales have fewer posts they will vote with these votes themselves in other accounts,or their friends
I agree that it would make it more fair , but its kinda unreasonable to expect someone to rip up the whole infrastructure of the site in a short period and screw over the people that were not founders but committed to the project early on and ranked up in steam power. So the simple fact that they are cutting down slowly is a good start, and I am sure as the community grows the power will be distributed more.
it is a testament to lazy thinking and poor planning.
I'm here for thesame reason everybody esle is. But I do not expect this scheme to be self-sustaining. The originators may be fantastic code writers and good guys, but are certainly not economic geniuses.
The payouts will one day amount to only pennies for each, at which time the most active members will be pulling in maybe $50 a month at best.
I agree with that part lol that if this were the size of "reddit" the $27k or w/e that is distributed daily would not be much haha. But still could be a novel community, and maybe they can implement other sources or revenue and do ads like reddit. So that more users can get paid if it gets to that point.