Bold statements should be backed up by some proof. Care to explain?
Read the recent past few pages of discussion. Follow all the links.
But there is erosion of power since Steem is mostly inflationary and % power is directly funneled from early holders to authors or new investors.
Incorrect. Whales can vote to award most of the rewards to themselves. And as
I explained last year, it is impossible to design a voting rewards from the collective money supply system that wouldn't aggregate the rewards to the whales.
Sincere Proof-of-work distribution does not present this problem. I explained why
in my posts.
Of course it does, mining could be considered unlicensed business.
That is as ridiculously disingenuous as arguing any economic activity could be considered unlicensed business. If we reach that level of totalitarianism, then we will be in a different even more insane world than we are in now.
FinCEN for example has clearly stated that mining is not in violation of their regulatory jurisdiction.
If you continue to make disingenuous arguments, then it's pointless for me to continue the discussion with you.
Running a full node could be considered aiding moneylaunderers, etc..
If that ever is the case, cryptocurrency is dead and we are in a totalitarian world where running a router on the Internet could be considered aiding moneylaunders.
You're trying to justify Steem breaking securities law by arguing the civilization is always totalitarianism, thus implying we must always break all laws and destroy civilization.
You can't possibly build anything without civilization. If you indeed get the lawless world you claim you want, Steem will be destroyed along with everything else.
You do realize that the law is so complex and insane that they can essentially nitpick any single point and ban the whole thing.
It's up to people to resist this. People have to realize that the law is not a fixed thing. The opinion of judges and prosecutors vary depending on the political envionment. Parliament members then have to react to this and rework the laws.
I have explained very well in an older post of mine, that if you really think about it, everything is illegal. It's just that the State doesn't have a cop for everyone to put in jail everyone, otherwise everyone would be in jail already:
https://steemit.com/law/@profitgenerator/if-everything-were-illegalOf course you can't put everyone in jail, since it's logistically impossible, thus you end up with concentration camps. This is the endgame of tyranny. People didn't resisted Hitler and we know what happened then unfortunately.
I also want to change the world towards greater cooperation with new technology, but revolution is not a solution. Every revolution ends up as power vacuum where a dictator or worse steps in. The youth are always in favor of destroying everything but they do not realize the true cost of this:
https://www.armstrongeconomics.com/world-news/civil-unrest/the-rising-youth-civil-unrest/https://www.armstrongeconomics.com/international-news/politics/the-right-to-vote-should-attach-to-only-those-who-pay-taxes/Whereas, the older and wiser (such as myself at age 52) understand we need an evolutionary strategy.
So if you want to help the world reach greater cooperation, don't expect to accomplish it by launching a token system in a scammy way with a sneaky instamine so that the whales control the thing and then think this is any better than the system you think you are fighting.
You're just fooling yourself like a dog chasing his tail and not knowing it.