good morning man
I copied that same paragraph back into the blog with a few questions, and @timcliff cleared a few things up for me.
I'm still not 100% clear about it, but hey, that's not my job and generally it sounds like a good thing.
My main feeling was that STEEM Whales could buy in with a sizable stake, and I feel this has both positive and negative implications - although this could just be my lack of understanding.
Listening in now....