Quote from: AlexGR on July 26, 2016, 10:23:37 PM

Quote from: iamnotback on July 26, 2016, 10:20:10 PM

Quote from: AlexGR on July 26, 2016, 10:13:49 PM

Even if it started with an equal distribution, the shares would quickly accumulate because the poorer shareholders would be lured to sell in prices that thought were "OK". They'd be trading what -to them- are useless tokens worthless for their day to day survival, with btc->$$$ which have tangible RL impact.

The difference is the power-law distribution would be derived from competition. So you would have a wider diversity of insiders.

Also I think we can keep the n00bs accounts locked up 104 week withdrawals, so the power-law can't force liquidation so rapidly. Giving the n00bs a chance to partake of the upside appreciation. The power-law distribution will still form amongst the content creators earnings as well, but again in a competitive environment.

From what I'm seeing, it's possible to sell or acquire loaded accounts with a discount. And many n00bs do just that. Hey I'm selling my acc for 0.1, 0.2, 0.4 btc...

Please tell me where I can sell my 1050 STEEM POWER?? (note I might not sell now though)

Also please re-read my prior post.

Yeah maybe some small accounts will be sold, but I doubt most. Especially true if the STEEM POWER has some function (e.g. "karma") and they like using the site (i.e. low attrition rate).