I'll reply here as 6 is the most nesting you can do.
It's only the begging of Steem. It's normal that they hold the control.
If you choose to look at it that way yes they can run with the money and the story ends. But there is the other side of the coin too: They hold control and are able to keep the environment safe until it has grown enough to sustain itself as Bitcoin or ETH.
but it's not fair to users who are investing in real money at the moment when the current price of steem clearly won't sustain and will go down dramatically due to so much steem dollars being given out every day