I absolutely agree with this statement. My main concern is that if Steem ever becomes more than a hobby network, mainstream media will outpower every single current member here with flagging. Whales will hand over their power, like Ned, for their lambos and bigger houses and mainstream media will control Steem inside and out.
Steem is a financially rewarding platform, this is the ultimate use case it has. Sure, the immutability is my favorite part too, but the reality is that your content can still be fairly drowned out and pushed back. For example, visibility is 100% based on upvotes, flagging hits reputation and makes your post even less visible. Sure, on your own personal site its still technically there, but your ability to be supported with upvotes by your little niche community is effectively shut down by whales. These whales are not voted in or there for any actual merit, they bought their way there or just got in early enough.
Steem needs the identity as the truly uncensorable media platform, because that is its niche. Since Steem is unmistakably related to crowdfunding as a social media platform, it needs to also not be a part of the financial censorship going on in the world with the traditional social sites.
Hi @hobo.media
That indeed could happen.
Thank you for accepting my invitation (memo) and dropping by. I appreciate your comment.
Cheers, Piotr