That Steem example is interesting. I wonder what the basis for the voting system they have there, though. Anyway, when you have a democratic (or otherwise subj

That Steem example is interesting. I wonder what the basis for the voting system they have there, though. Anyway, when you have a democratic (or otherwise subject to popular influence) institution which can do things like "print more money", forfeit some part of existing money, levy taxes etc. - then indeed it's an interesting and potentially positive-in-my-opinion cooperative pooling of resources. Of course then you have the opposite problem, which is the tyranny of the majority, but "you can't grab the rope at both ends".