I feel like more transparency about the @steemit account is needed.
Wasn't this account supposed to fund steemit/steem projects? The reason I am asking is that they havn't spent any of the steem in that account for 2 months...So it seems abit weird considering we are right in the developement phase..
Also I hate to say but until steemit redistributes those tokens either by reselling on the market or by air dropping then steem will only be seen as a centralized joke to speculators/investors...
I think we need to start more discussions about this account, I don't care that steemit is filthy rich my problem is that they are hoarding it instead of selling.
EDIT: looks like some of it is being spent via @steemit2. I still think they own way too much to call steem decentralized and would like to see this account powered down more often..
There is some Steem moving around from that account. A month and a half ago 5 milllion STEEM exactly was transferred to @steemit2. Since then @steemit2 has transferred to:
And 3 months ago they transferred 2 million STEEM to @steemit2, but I don't have time to trace the next level of transfers there too.
That's pretty transparent, though the intention is not clear. Some of it is getting sold I think, but I didn't check that fully either.
I didn't notice this. I will edit my post accordingly.
What about the millions moved to @misterdelegation? That has delegated over 5 million. You can see who to on steemd. Seems to be to some good projects. It's also voting a bit and getting the usual begging messages
Airdrop is a good idea :-)
Upvoting other people won't hurt, even just a little %. It could solve Steemit world hunger problem. Steemit elites are psychopaths now or what. Lack of empathy?
When a whale votes the money is taken from everybody else's vote.
If all the whales vote our votes go to near zero.
Better that they stay out of the rewardpool, then our votes might make it back up to a quarter, imo.
Very true that! We had that situation during "The Experiment" when whales beyond a certain size stayed away from distributing the reward pool. This left much more influence (AND incentives) for the individual non-whale curators.
Half of the value of my vote has gone to increased rewards for the 1%.
The top accounts can't vote without noticeably lowering the value of everybody else's votes.
But they have made it clear for over a year, that they don't care and are happy to float along on the backs of dupes.
Yeah! Stinc rules!
Hi @snowflake,
Thank you very much for bringing up issues important to steemit to open the eyes of the sleepy (if they are awake, they may avert their eyes though!)
Another reason I wanted to thank you is for your honesty and transparency in your post Enter a whale's mind. It inspired me to write a post about the issue of whales and minnows.
I would appreciate your visit and comment, and although I am hopeful for an upvote, I am not going to have my hopes high since there is no incentive for you to do so ;D
Anyhow, I feel that those who were opposed to what you said, should understand how minnows feel, when their actions don't fit their words.
Hope to see you around soon :)
Good .
Me from india
Finally someone started mention about that account. Decentralized with an account hold 77 million steempower
I know right? If they aren't going to do anything with it put that stuff in the reward pool and lets have an upvote party.
Seriously though. I'd like to see them sold so they are in circulation.
Oh...there is an account to support Steem/steemit project...... Good to know. Steemit Inc really should start to support great content creators (all of them not only few of them) / community builder and avoidto support only investors and puppets.
nice post.