Without the Steemit Inc pre-mine which became the DHF, HIVE actually has excellent token distribution
Distributed enough that the situation you describe with if even a group of 10 faced regulatory action, that it still wouldn't matter.
The community would simply vote them out and the chain would continue as normal.
And remember, the nuclear option of forking is still always there.
If Justin Sun, with his pre-mine head start and all his monetary resources behind him couldn't gain control of the Steem Blockchain, nobody is gaining control of Hive.
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