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RE: Helsing: Governance Ideas (Good/Bad whales needed)

in #steemit6 years ago

"This is a decentralized system and everyone's stake is theirs to use as they see fit so there should be no problem. The whales working together would be a force to really be reckoned with".
Taraz -this post

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Regardless of how much money any one individual has, there are always many other individuals with
similar wealth. Even the wealthiest individual rarely has much more than the next couple wealthiest
combined. Furthermore, those who have a large investment in a community also have the most to lose by
attempting to game the voting system for themselves. It would be like the CEO of a company deciding to
stop paying salaries so he could pocket all of the profits. Everyone would leave to work for other
companies and the company would become worthless, leaving the CEO bankrupt rather than wealthy.

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IMO you are suggesting some effective solutions to change the current distribution of rewards for the betterment of SteemIt long term and the benefit of MOST current users immediately, upon implementation of this plan.

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Would love to get a trial going to see.