I appreciate the substantive reply. I don't agree that blocking a HF is centralization of governance, however.
What I do agree on is that it appears that using stake alone to influence governance seems to be impossible to secure against both vectors for attack. There's far too many financial assets available to known censors for any mechanism based on financial assets alone to prevent censors from imposing greater stake on Hive.
I have become convinced that those that are advocating adding rep, or some other metric, to stake to effect governance are on the right track. I'd very much like to hear more discussion of means of preventing stake alone from being able to effect governance, because with that system in place, all that prevents those better funded censors from undertaking to destroy Hive as Steem has now been is the effort to do so.
Thanks!