I asked about "fake stake" when I first came here with my crypto savings. (If I had held those savings until the recent bottom I would now have 25+ million BLURT.) I wanted to find out if Blurt had any mechanism where insiders could just inflate away our currency. couldn't get a complete answer from anyone, but was told we had free speech and decentralization (both of those have now been confirmed to be half truths). I can't do traditional banking, so my crypto earnings have to stay somewhere in crypto land. I was beaten to a bloody pulp by the Hive downvote cabal, and Steem was pretty much already dead, so I hesitantly put my family's crypto savings into Blurt. Fuuuuuuuck. Now, I understand that there is fake stake, and also a Blurt printing press that most of us will never benefit from.
By the way, that fake stake is what powers up Blurtbooster, the big problem I am talking about in this post. I don't believe that stake was purchased on the open market, nor do I believe it was generated by contributing content. That's why I call it "fake".
Thanks for buying and powering up, sorry that it hasn't had any effect on the price...