Is Steemit a community where the rich get richer and the poor get poorer?
steemit·@aaseb·
0.000 HBDIs Steemit a community where the rich get richer and the poor get poorer?
<html> <p><img src='https://ipfs.pics/ipfs/QmfZNQyZFVpPkfV6Utr5wWkrPL5b5mG3YmatqFSVeFxQVR'/></p> <p>Hi, I'm new to steem, I guess like most of us here and I'm slowly starting to understand how it works.</p> <p>There Is High Inflation of Steempower due to the reward system on voting. It seems we all benefit from that in a way since our steempower balance grows even if we don't vote. If we work hard writing good posts and upvoting the right ones we can earn even more. But I think the few people who own the majority of the shares have an unfair advantage because of their voting power.</p> <p>Having a lot of steempower makes it much easier to grow your balance even faster doesn't it? So I guess proportionally, an account with a lot of steempower will grow faster than an account that doesn't have much (in terms of interest rate) unless the account with a lot of steempower doesn't vote or publish anything.</p> <p>What this means is that the proportion of total shares would keep getting bigger for the big accounts and keep getting smaller for the small accounts.</p> <p>Maybe I'm missing something here and please enlighten me if I am.</p> </html>
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