We all love the transparency brought to us by blockchain. It gives us trust.
In steemit you can see steem, steem power and SBD looking into their wallet. Conveniently all of that is also translated into a corresponding USD amount. Also all transactions are shown - transfers from and to exchanges.
Great transparency- everybody knows immediately how commited someone is to the steemit community. Even reports are done on top of these data (who are most invested accounts? who is recieving or sending most amount to an exchange? Who is powering down etc). All good things which can be used to the benefit of the steem community.
But lets look at the costs of this transparency for a moment?
Does the knowledge of the wealth of someone effects on how many upvotes one gets?
Do circles of whales are created who upvote themselves as it gibe them the most incentives?
For people who know themselves also offline - is this a problem knowing the gains someone makes in steem? Envy?
What does it mean for cultures being very conservative in showing their wealth?
At the end someone might start to wonder if there is a way to hide their wealth here in steem. For me it seems that is very real and I habe the feeling that whales and influential persons in the steem community operate with several accounts.
Is this a problem? I am not sure if it is a big one but it is for sure not ideal for the eco system.
What are your thoughts on this?
How are you handling this for yourself? Are you operating multiple account (you don‘t need to mention them if you like it to be anonymous)?
I would really love to here the thought process of some orca/whales here!