So, you just misspoke? You really have no understanding of why the direct control of governance by the largest stakeholder(s) is bad?
Neither have you any comment regarding how the weighting of witness votes enables an oligarchy to maintain control by electing an entire slate of witnesses is contrary to decentralization?
I am not sure I believe that, but since you are demonstrating that lack of understanding, I'll grant it is the case.
RE: Another Hostile Takeover