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RE: SteemDAC: A Plan We Can Start Today to Decentralize Steem Governance

in #steemdac5 years ago

Oh, I don't think that would particularly work, especially without "draconian" KYC. But you have to solve that problem. Because there's zero reason not to apply everything you've said to Freedom except that he votes for you.

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You don't think what would work? What are you talking about?

I don't know who Freedom is or why they vote for me. They've never made a commitment to use their stake or set an expectation about how it would be used. They didn't push in witnesses for a fork like HF9.

That said, would Steem be better off if large stake holders like Freedom either refrained from voting or moved their stake to multiple accounts in order to distribute their votes more evenly across multiple sets of 30 witnesses? Maybe. As it stands now, I see coin distribution problems in cryptocurrency-governance models as being in the unresolved problem set. It essentially comes down the brick analogy. They can break windows or build houses. If the stake is used well, no one seems to mind. If it's used poorly, then everyone suffers.