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RE: I feel like more transparency about the @steemit account is needed.
I think it is a little premature to assume that control cannot be taken away by an attacker, i would presume that an overwhelmingly powerful account would come in handy in that situation.
Besides, what behavior from stinc has led you to believe that they wouldn't just give all that to their friends, too?
When a whale votes it's vote value comes from everybody else that voted.
Courting more whalevotes is suicidal, imo.
You can already see that minnow vote value has dropped by more than 50% since delegation got going, curation rewards, too.
The people that are here to maximize profit at any cost are cancer cells inthe ecosystem, and until the body politic runs them out on a rail, the status quo will continue,imo.
Someone with 80M SP available to take over the network will have no problem finding an extra 80M and render the steemit acc moot.
Maybe, if he can get that much without driving the price to $100, at that point I will have cashed out and will be waiting for the crash to get back in.
As this place finds it's 'self', I think we will find that there is not room for fedbook amounts of users, but I'm not 100% on how the math works as the price rises.
I can tell you that we will not get the little guys to stick around as long as 10 people give out 30% of the reward pool, daily, to their favorites.
Best, imo, that the top 200 sp accounts stop voting now and just ride out the rise on the backs of the hundred dollar investors buying into the new rage.
If we are waiting for the 100,000usd investors we may find that they never come because they got their own boys clubs to be members of,...