@whatsup - The large accounts are interesting. Some distribute their upvotes/wealth around to many people. Others upvote just themselves or a small group of other whales and take out the money.
I've only been involved in Steemit for 4+ months and am a minnow but here is my 2 cents worth:
Many people hold to ideal beliefs and want a totally deregulated system that will police itself. I fell into this category when I started.
However there are a group of significant wealth holders who are abusing the system to their own gain and hurting the overall Steemit community. There have been quite a number of posts about this. Occasionally someone like @berniesanders goes after them by flagging. There is a "war"; some reconciliation is made.....but then the abuse continues.
@whatsup - I and many others appreciate your posts on bringing this matter to everyone's attention. But the people abusing the system continue. They are not the ones caring about your concerns. So what to do?
IMO, some regulation is needed by the coders of Steemit so it lessens the potential abuse. I know this goes against the ideal of total deregulation, but some regulation is needed. Some regulation....not a "Big Brother" mentality.
I liken this situation to the growth of large monopolies in the U.S. Having large successful companies that employ a lot of people is good for the economy. But when they abused their power and wealth, some anti-trust laws were made for the good of the country as a whole.
There has been a lot of talk; there has been some efforts made to correct the situation but they haven't been fruitful in accomplishing long-term what they tried to do. So, IMO, some action is needed by the founders to bring back a balance in the system. This will benefit EVERYONE....long-term.
It is a stake based system and most want Crypto projects to be decentralized. So, I don't think the founders are going to save us.
It is up to the community to figure it out. Ned has communicated that with his actions.
I can understand his sentiments. There is an old saying, "The World is as you are." So that is how Ned would be and how he would work it out. But all people are not like him.
He controls around 50% of the stake on the platform.