Well, no whales enjoy a prolonged battle against someone even with only 1/3 of their stake. Once significant enough, it would be a pain without other whales, etc. support. Saw that happen with the recent flag skirmishes.
True enough. Trust me, if I had a few hundred million dollars sitting around, I'd raise some hell around here. I'm sure many of us would.
But yes, Steem is a hobby to a lot of us who are actually flagging. People take their payouts too seriously. I'd prefer it more if upvotes and downvotes happened frequently just like on Reddit.
I think this is what got me a bit irritated. That's all well and good, but (no offense) people like you don't know what it's like to lose six figures investing in this platform hoping to help a lot of others, plus obviously myself. And then you come preach about a few cents on some shitposts.
As for underlying changes, I'm no dev, so I don't care. Places like China are already banning people from accessing frontends. I think regulation will eventually creep into the space whether we like it or not.
Regulation is one way to deal with the problems, and that will inevitably come. I still say that even fingerprint scanning technology present on iPhones, once on every computer, could sign transactions etc. in a way that made sure you're you.
In addition, if Blocktrades' proposal of rerouting 20% author rewards go through, it would make it easier to flag down people. Unfortunately, who knows if that money doesn't end in his pocket. lol
That was one of the worst ideas I've read lately. They should take from some other category. Author rewards are already low enough as it is.
RE: Steemit is an absolute joke