I would like steem alot more if whales didnt have the abilty to print there own money. Even with the price down whale still have there own purple circal and rarely upvote anyone else, Even tho i see some high quality content. As long as the whale continue what they are doing and self upvote are still around steem wont go anywhere
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the problem is the reward pool is up for grabs by oanyone, in anyway they can.
It belongs to know one - it is no one poroery.
ergo..it can't function as a healthy free market (free markets depend on property transactions ,to exist)
The reward pool is not that and that's the fundamental flaw to the system.
(especially when it's sold as 'free market' grrrrrr)
Just not having self upvotes would help so much. Its a token use case but at the same time its adding no value. If you my 1000 dollars of steem your upvote power is worth only a few cents its not convincing anyone to buy or hold on to steem. All its doing if giving whales printing power.
yes i am agree in some way with that, excepting some amazing platforms as @dtube and users as nathanmars ... whales are self supporting in some cases
Alot of the whales put out quality content and desever upvotes but at the same time they dont give anyone else any. its all the self up vote its just a greedy way of adding a use case to steem coin but its only hurting steem if anything