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General Discussion / Re: What if a better steemit with more fair distribution?
« on: August 18, 2016, 08:25:59 pm »There are 7,4B people on this planet, lets create a new steem clone with a total suplly of 7,4B "Steem" and give each person on earth 1 "Steem ", sounds fair! doesn't it?
Well to be fair, the "wealth inequality" of STEEM is pretty damn appalling at this point:
$ MV level accts accts % stake
$0 0 dust 2182 3.15% 0.01%
$4 0.01 newbie 60467 87.17% 0.58%
$40 0.1 user 3620 5.22% 0.56%
$400 1 superuser 2269 3.27% 2.91%
$4,000 10 hero 598 0.86% 8.31%
$40,000 100 superhero 183 0.26% 24.41%
$400,000 1,000 legend 46 0.07% 63.23%
From this, the top 1.19% of accounts (heroes, superheroes, and legends) own 95.95% of the steem power. And I know of at least one whale that's holding 3 of those "legend" accounts, and I'm sure there are others doing the same. It's apparently supposed to be getting better with new authors getting rewards, but for the most part all I've seen is the whales continuing to increase their holdings through compounding SP and by gaming the curation rewards (with bots, kickbacks, etc).