I think a big issue here is that there’s a great lack of ”skin in the game”.
When I joined, my theory was that the whales would be incentivized by the system to moderate the trending page, for instance, in order to protect the value of their stake.
But it turns out, the whales have the least incentive to give a single fuck about anything.
It’s a really upside-down situation, honestly.
RE: How Steemit Turned Me Away from Libertarianism and Freedom/Free Market Principles