RE: RE: First Week of Rewarding Comments
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RE: First Week of Rewarding Comments

edicted(83)
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It is author rewards that best distribute stake and create resilience to hostile takeovers and best leverage social media in that market.

Unfortunately this is just the theory and not the actual reality.
Just like most people live paycheck to paycheck, so do most earners sell all their rewards right back to the big stake holders that gave them the reward in the first place.

They are counterproductive because they reward stake, which author rewards do not, and so act to concentrate stake.

This isn't even the theory.

It's just mathematically incorrect and you keep saying it.
Again, only non-powered up tokens are being diluted.
If I own 1% of the network and I earn 10% yield, I do not suddenly own more than 1% of the network.
The other accounts that only own 0.1% continue to own 0.1% after earning their 10% yield.
Truly I do not understand why people on Hive insist on making this mistake even after being corrected.

@edicted: It is author | Ecency