I don't entirely agree. It is unfortunate if an honest, genuine and moral account/post is downvoted, but at the same time we NEED a downvote system, otherwise extremely illegal / immoral content would end up in people's feeds with no way of punishing the content creator.
Hive has FAR more freedom compared to centralized platforms like Twitter, etc where they can literally erase your post (or your identity) from existence.
Yes it is a balancing act, one that will continue to very gradually improve with time, but HIVE is absolutely better than traditional platforms, hence, you are still posting here and still earning money off your posts (You weren't wiped-out).
I agree with Hive having a downvote system, that wasn't my problem. My problem is the amount of power a downvote from a whale can actually have, particularly when it is used as I highlighted.
No platform is perfect but we should be careful about allowing anyone to have such an enormous amount of power, regardless of if they are on the right or left, to effectively silence accounts which is what happens when you have negative reputation through one downvote which is what I experienced.
Thankfully some kind people were able to counter balance the downvote I received that rendered my account useless. If I had never made this post this though that wouldn't be the case and I wouldn't be able to continue earning money or able to have discussions.
Aye, agreed that "few but large" entities are definitely a threat if used maliciously. The large difficulty is making deterministic "stake/reputation" systems that do not rely on monetary backing. In crypto, the only TRULY deterministic source of "stake" is the currency itself, so, the more of the currency someone holds, the more powerful they are...
It's far from perfect, but many are working to try and improve these systems day after day, I have alot of hope for this space.