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RE: Would Mass Adoption Make Steem More Equal?

in #steem5 years ago

Hey crypticat, thanks for your comment!

I think you might not entirely get what I was going for in that post, perhaps I just wasn't clear in my meaning. So, the idea was to encourage people with the thought that as whales sell some of their STEEM it does increase the size of the community, adds diversity and more equalized SP totals for the average account. So their 50 SP account or whatever it is has value, that's what I was getting at.

I'm not saying there will not be whales and I'm not saying they won't profit. I'm saying the whales will want lambos and this means selling STEEM to folks that don't have any. As for inequality being fine and dandy for a healthy economy, I absolutely cannot agree with that statement. Violent revolutions in history didn't happen for no reason, a common reason is financial disparity. For example, China and the communist regime. They literally have a card game called Attack Landlord because the land owners were oppressive.

I love the idea of free markets and control over my own money. I'm not a person seeking hand outs, however, inequality does not work. Inequality sustains for a while and looks like it works while nobody does anything about it, but inevitably it leads to somebody losing their head... Life is simple, when people don't design unfair systems they keep their heads, but if worse comes to worst, the masses reserve the right to take their heads. And that's what the poor and middle class call a top-down approach. ;)