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Of course, power always consolidates. The problem most make is they compare DPoS to game theory instead of comparing it to what is actually out there. PoW, PoS, and DPoS all have the same attack vector which is powerful people colluding to try and buy out the network for whatever their reason may be.
RE: Game Theory vs. Practice in Blockchain Governance (PoW vs. PoS vs. DPoS)