Got this in my morning brew this morning. Decentralized my butt. This is what I have believed for sometime. Just like in fiat markets, a few whales can manipulate the markets.
Change my mind please.
Got this in my morning brew this morning. Decentralized my butt. This is what I have believed for sometime. Just like in fiat markets, a few whales can manipulate the markets.
Change my mind please.
Steem is at present less decentralised than Bitcoin.. so yes, it can happen and a way, sort of does. STINC, the largest stake holder can tank the price to zero anytime by dumping a lot more Steem on the market and selling for 1 cent.