In regards to this
"Is this sustainable? I dunno. Seems to be working well so far."
Is the reason you don't know because you recognize that the system is once again in favor of those who have?
My opinion is that just like all societies and fiat currencies it's days are numbed.
- People eventually recognize the inequality and refuse to participate.
The fact that many great content writers are leaving.
The fact that starting out requires way to much sweat equity.
The fact of the flagging wars and the creation of coalition oligarchies.
- The systems Achilles 'Heal' is the harm it does to members moral character.
Through unequal pay for sweat equity.
Through the repetition of violating the most basic principal of membership of a society as in free speech. Flagging steempower creates the inequality and harms the individual and steemit.com.
Thus there is no vested interest for the individual, which means eventually no steemit.com.
Just sharing my opinion. I hope to help it change so that it has a longer survival length.
@nonameslefttouse I hope you don't mind me tagging you. I up voted your comment because I agree with your comment for the above reasons.
The way to circumvent this is by creating quality content that is shareable on other platforms.
Entrepreneurs/hustlers will always have an advantage over people who complain about "inequality." You can go give all your possessions to homeless people if you care so much about equality.