In fact, what they are doing is even worse than the sins of google, facebook or 'X'. The stories about independence on Hive are nonsense. In my opinion, voice power should grow non-linearly with HP. It should grow fastest on accounts with small HP and the larger the HP the voice power should grow slower. This would equalize the distribution of voting power between accounts and weaken the all-powerful whales.
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The way you describe account growth reminds me of how leveling up works in a video game. The grind from LVL 1 to LVL 10 is much quicker than grinding from LVL 40 to LVL 50. Unfortunately those in power here will likely never be challenged.
True :/
About the only thing could happen is another takeover, except this time a group of people who don't wish to seize assets and totally ruin the chain.