I think the "whales" problem with the control of supply in few people hands is one basic principles of a new born technology. Whales are not a selected few they are not here by harzard.
If a new technology is successful early adopters get rewarded from the research they done before anyone else and the fact they trust enought their vision to take risk and invest into something than nobody else believed in.
More the project advance and the adoption / price increase more and more early adopters (whales) take gradually profits and distribute the supply to the point where the supply is no longer in the hands of fews persons.
It is a normal market reaction.
I let you have a look at the Bitcoin supply distribution, even now few people hold a large amount of BTC supply:
thousands
You are viewing a single comment's thread from:
Some people invested in Steem early on and stand to profit from that. I know some people bought when it was up around $4 in the early days. That's fair enough. I didn't have money available to invest, but I've been able to earn a nice amount.