I wish to address another Steemit issue: Steemit's un-equal distribution of wealth: 46 people perpetually make 60% of STEEM (215 people make 80%).
How can this be described as a decentralized network? It's been ninja mined to death!
PLUS
How do we explain 100% POS annual inflation. Are we a special case away from the Venezuelas and Zimbabwes of this world? Eh, NO! We are not.
Enclosed is an image of 100 trillion Zimbabwean dollar banknote (1014 dollars), equal to 1027 pre-2006 dollars. This is the way the STEEM price is heading unless we make changes soon!!