I absolutely agree with you on this, steemit is far from being a decentralized type of thing, the whales shouldn't get this much power at all, that makes them in charge, which shouldn't be done on a decentralized social network... The concept was amazing, but it's unfortunately not what the end product turned out to be. :-/
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Steemit is based on the assumption that there will be self-sacrificing, self-deprecating, benevolent oligarchs, @abso