Well, after being in Steem/Hive, I can say in my own view that Hive needs to be forked off at some point and have a reset. Only some of the unfair stake was not carried over from Steem -> Hive, there still exists enough so that the top 20 are permanently in power.
The goal of a decentralized system should be to ensure that whales become less and less of a whale over time. I'm not sure how that's going to happen unless they sell. I am in favor of raising the inflation drastically so that their stake is watered down, and this can be more decentralized to the point of where it's super rare for someone to have even 0.01% of the total Hive.
The super majority of people only need 100 HP to make dozens of comments and a few posts per day. Anything more than that is essentially a waste, as the limitation of onboarding new people is liquid hive neeind to be bought for them. RC stuff helps solve that issue, but then RCs will be rented out and delegated to projects and make whales even more income when that starts to happen(this already happens on the EOS chain).