The distribution issue is a major factor that prevented many people from ever being interested in steem or steemit from its inception. I suspect that many more would be willing to participate in a social media platform that ran off of a blockchain if the initial production and allocation of the coin was more equitable.
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I would agree with that. Allow buy ins at intervals, instead of allowing any holder to increase stake as much as they could afford to, and find to buy. The rich would still get richer, but at least the beginners would have a shot at building something.