No... because those same whales are why steem is worth so much, which directly affects your post payout rate.
Would anyone be using steem if steem was worth only pennies? Probably, but not very many :p.
The whales keep each other in check to some extent. There are some really kind whales out there too.
The "killer whales" are not adding value, they are trying to keep the reward pool to themselves. They destroy accounts and account values on a whim! Maybe we define "killer whale" differently?
We much prefer benevolent whales over killer whales.....
Yet nonetheless.... we believe the high price of steem is due to all of the many whales on steemit, the killer ones included.
Beliefs are free I suppose, no facts required! I find this a better explanation of how steem gets and holds value:
https://steemit.com/steem/@marsresident/where-does-steem-s-value-come-from
Anyway, thanks for not going "angry whale" on me lol!
:p. We are one of the most peaceful Babywhales you can find on Steemit! All we flag is the derpest of spam and hate-comments.
Thank you for the link @fishyculture. A great article.