governance that controls the network isn't dictated by any elite group or trusted authority, but instead by the ideals of the community in question.
Essentially, we've finally figured out a way to automate the human element (corruption) out of the governance model.

That sounds nice but its not how it works. Steemit is most certainly controlled by a self appointed elite. How can anyone deny it?

It was that elite that froze the accounts.
They do not want relinquish their domination of the top 20 witnesses