I see what you mean. There are many problems here, some of them the same as what was on Steem.
In my opinion, at least here we don’t have Steemit Inc. and Ned, which were bigger problems. And I don’t think I’d trust JS to have done anything good with Steem. Maybe he’ll prove me wrong, but I doubt it.
Now, essentially there are still many issues here on Hive. And yes, some of those issues we see from some of the same whales who can really control and influence what happens.
However, that doesn’t mean that it can’t change by other whales investing and trying to make a difference, but that won’t be easy. It would take a lot of investment from multiple people and companies to over power the current power players and structure. But look at this big picture wise, there are plenty of whales in the real world and blockchain space that could instantly come in and buy enough HP to influence any changes they like. What you see in power today, is not what will remain in power. There is not one whale here that is going to overpower individuals and companies with 100s of millions, if not billions of dollars.
I dunno. Despite it’s flaws, I think I just see the potential, and also know that as it scales, the pieces change and move, and that can cause massive shifts in power and influence on this chain. Some of that will be good, and some of it bad. I think it’s not wise to compare the JS situation, because effectively that stems from the history of the laugh of Steem and Steemit Inc. Bigger players coming I to Hive could be perceived as a threat, but whales and witnesses today wouldn’t be able to do anything to them because they won’t be holding the most Hive, and they wouldn’t have procured that Hive by a shady deal with Ned. So essentially they wouldn’t have the footing to just that off again. You have to have a good reason and a legit threat, which many considers JS to be.
And, I disagree. People can do something about problems on Hive, the DAO, etc., it’s called putting your money where your mouth is, or recruiting those who can do so. Nothing those guys on the DAO are doing came free. Most of them had to earn or buy that HP, so how they choose to use it or defend their investment is on them. For anyone that doesn’t like it, you always have the option to step up and compete, invest more, recruit allies to do the same. It’s not like there is anything stopping anyone from any time to join the chain, power up, and use that power and influence to their advantage.
It’s messy, not perfect, but it can change, it can get better. But that doesn’t come cheaply or easily. Most people don’t care enough, or have enough resources to do that. But that doesn’t mean there won’t come a day where people do.
RE: Are you Investing in Hive? Some Ideas for Improvement