I think steemit is much like real life where a handful of people control most of the wealth and have the power to impact the lives of majority of users ;) I will be really pleased to see a little less whale power :)
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I don't think that will happen. People don't like giving up power.
I think if we work and support each other that we could affect a balance of power. I don't think it's a matter of them giving up power. It is more finding a better balance within Steemit.