DPoS and it's mechanisms are old, not new - it's digital feudalism.

Well, it's washed and repurposed for the modern "digital" age as there was no digital way back when ;) Stakeholder capitalism where the plutocratic rich rule everything and get the most say in what happens... because MONEY. DPoS and the Great Reset/4IR for the win right? :P

Collusion, discrimination, and vindictive behavior by the man children that run this place, will ensure it's demise

Nah, a significant portion (majority?) of the population doesn't give two shits about that. Games and entertainment, having fun, etc are what matter. All you need is Splinterlands to make Hive more valuable.