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RE: Why is the Steem Price Low? How Do We Fix It?

in #steem6 years ago

Steemit puts those dishonest people in control of the flag. People will be people, some criminal minded, and others not. A flag does not let me know what is the nature of the violation. Oh yeah, there does not need to be a reason. I can be flagged simply because of a disagreement or political or religious views. There is no due process, no charges, and no realistic defense. So the selling point of Steemit is you can fleece all the members with a DAPP and all the minnows are fodder for financial success. Some selling point.

As I see it Steemit is a caste system. Where the whales keep the minnows oppressed, while profiting off them by keeping the reward pool to themselves. The whales give lip service to helping minnows, but secretly taking advantage of them.

My Imagination is farseeing, yet I only have about a month of familiarity with Steemit so I don't know all there is to know about it. I am still learning. But as a layman, I am sharing my thoughts and feelings about what I have seen so far.

I am not sure putting the fox (dishonest people) in charge of the henhouse is the best solution to dishonest people. Jus sayin.

As long as there is no due process BEFORE sentencing I am not inclined to invest in Steemit. I think the deck, is at present, stacked against me.

I would love to invest in Steemit but for these Issues I have been discussing. I don't plan on leaving just yet. I am just not going to invest my hard earned cash into it now.

To be sure, I will not be the only one put off upon entering Steemit. I was reluctant from the beginning to invest too much of my time either.