Your right, But I have to say i'm not 100% fond of this aspect of the system. Because anyone can buy their way into being a whale. Some do and have shit content, only upvote their friends with equally shit content.
I do love steem and see a future for it. I see my steem as savings I would probably not saved otherwise regardless of up or down price fluctuations.
But its far too easy to skip to the head of the line simply because you have more wealth than another person. I think of people living in poor regions where steemit could literally change their lives, and it does. But it also sadly fails them too. Its easy to stack when you have food and housing. I want to see Steemit make poor people with less opportunities find a voice not rich kids wanting to become the king of social media and does so by doing nothing. There needs to be more incentive for whales to help minnows. Many do don't get me wrong. But this could be so much better.
Is facebook ads better? You pay for money to get likes and comments also. 😀