Yeah, I get why some feel it is justified. I've had mixed feelings for a while.
Maybe if we had a better distribution the economy of steem wouldn't be so funky. I support as I stated smooth's right to decide to handle things in this way.
I would just rather try to change how the platform is functioning by rewarding good behavior and punishing bad actors. I am interested in a broader distribution by any means. I don't think buyers are going to be a problem for long.