Right, its because the stake and vote-contribution is public. Its proof of socio-economic-status and not proof-of-brain --> Hence shitty content... Stake only should give you the power to earn return (like in share-holding) not social power. Right now, its pay-to-win. Selfvoting contributes to nothing. Like downvotes/flags are contributing to nothing, like multiple accounts are contributing to nothing. ...nothing but abuse. If one wants a DAO one has to solve the identity-problem with something like Dan proposed with proof of life, then you can democratize the social layer and leverage MIRA. MIRA does not work in a plutocracy. Greed is good (its the driving force) but you have to regulate and utilize it like in bitcoin.
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