"B) Tech companies like Amazon, uber, Fedbook and others have gained an extreme advantage in their fields by being the first to market or the first to innovate a particular idea."
This is completely false. All three of those entities, rather than being first, were takeovers of markets using covert government funds and methods. Myspace collapsed suddenly as Facebook took over the market. Ebay still exists while Amazon is taking over not just sales of books, but food, and commodities of every kind. Neither was Uber the first ride-sharing service.
First mover advantage simply paints a target on the back of the innovators, and the spooks and banksters take over their model and markets, with changes that provide advantages for the rentier class.
Steem blockchain has a critical flaw that is perfect for such forces when they move to take it over. Witnesses are elected by stake-weighted votes, meaning that the witnesses chosen by the wealthiest are those that control the code that runs the blockchain.
There is no example of a blockchain more susceptible to a Sybil attack than Steem that I am aware of.
Thanks!
great points. thanks for the discussion