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There is a white elephant in the room and no one wants to address it or has the power to change it.

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by COINS NEWS 229 Views

The title is a bit misleading. There is a group of people that have the power to change this, but it goes against their own personal interests so I doubt they ever will. Throughout humanity there has been select few individuals that obtained overwhelming superiority and gave power back to the people. I won’t start a political debate by naming these individuals, but I’m sure you have one or two examples in mind. The problem we have is MOONS and how centralized they are with MODs getting 10% of EVERY distribution. MODs have almost all the voting power. Proposals go nowhere without a MOD putting them forth or without MODs support. With the recent news about UNISWAP basically being 51% attacked by 4 individuals with a huge amount of UNI should really be an eye opener. When a tiny fraction of people have such a huge amount of the voting power you end up with an Oligarchy. History tells us Oligarchy’s are destined for long term failure. If people think MOONS actually have a chance of being a long term success we have to start putting proposals forth that will limit MOD power and not worry if someone’s GIF they paid to be able to use is spam. We’ve karma capped the small individuals enough. Now it’s time to look at the MODs and what we can do before MOONs fade into into shitcoin oblivion.

submitted by /u/SailsAk
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