The current authors of the Hive Whitepaper
Heh, I don't think I've ever seen it, but I likely don't agree with all of it.
Steemit inc's marketing guy [was] totally unprepared for the role he was
Well yeah, there were maybe one or two people ever at Steemit who were actually competent. And the results of the Steemit era showed that. Ancient history as they say.
but it makes sense to take action to prevent this
Maybe, this kind of gets philosophical, like what is Hive and whether having functioning governance is a good idea or whether blockchains should strive to obstruct governance in favor of practical immutability. Okay as a theoretical discussion topic, but, in practice, Hive isn't set up to be immutable against the wishes of its stakeholders. At all. For better or worse.
if we are to protect the TIME
Going back to the Steem white paper (sorry, but it is still relevant), the way you earn investment from TIME is by earning stake and keeping it, which makes you a voting stakeholder. If you earn a lot of rewards over the years and sell them, you consumed time but you did not invest it, and you don't have much of a say. That's fine IMO.
RE: The main excuse for malicious down-voting is "Over-Rewarded Content..." What about the account making $10k+ PER DAY in spam comments?