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RE: Life's Greatest Mysteries!

in #joy7 years ago (edited)

This post is full of useful information. As it is said that everything is biased, cryptocurrency, may have some faults too. People who are fortunate, easily can gain upper-hand even in DPoS that is deemed to be an egalitarian system such as steem. If someone is fortunate enough to have 100K steem (bought at low, or already rich) have much larger influence than a proficient user (blogger). All the pump and dump of minor cryptocurrencies have made some people rich, some people lost their money. Early adopter has tremendous influence in any cryptos- BTC, LTC, ETH etc. These FOMO and trading opportunities can make or making some wall-streeters tremendously rich. However, I would say like every new tech such as blockchain can be used in good ways and will have some negative side effects. We should see all the sides of it to make a better decision.