It's a self correcting system that transfers wealth to people more deserving of it.
And then those new people control the system.

Haha what a load of propaganda. you gave me a great laugh i feel good now, lol. transfers to people more deserving .. wow that is freaking hillarious

In order to have a meritocracy, one must have a way to measure merit.
But if you have a way to measure merit with 0% corruption,
then you've already created a superior reputation system that trumps money altogether.

Isn't that a big part of crypto though? To create a superior economic system. i don't think meritocracy is a dream or utopian idea. I think human beings due to their lack of consistency they screw everything up. Hive you could have the same guy value the same exact post with the same value, then for no reason the next day just decide he doesn't wanna do it because some hot girl he liked no longer likes him lol. So we'd not have that issue with an ai. bitcoinmyk.com uses an ai to reward you and it doesn't blindly give you automatic money. it gives you money based specifically on teh task you do and when you do it.. so it's not like how these systems use the paid bots to just reward a post. our ai recognizes the type of content to reward. so sure it's possible but in a political sense do certain people who have gained an advantage over the system want that? probably not.

i sense you're one of those people and so does everyone else, lol