If we are being honest things are not working for the masses on steemit. The problem is the same problem we have had since the start: the voting power is not spread out enough. Steemit needs to get as close to a democracy as we can if it is going to work for the masses. But we can't give the same voting power to everyone or people make a bunch of fake accounts.
But there is a solution
1.) Limit people's voting power to 10,000 steem or 50,000 steem. The number doesn't matter but it should be 100,000 or less. When you vote your vote only counts for 100,000 or whatever the limit is.
2.) Exponentially increase curation rewards so an account with 100,000 steem gets a lot more rewards for curation than 10 accounts with 10,000 steem. This way if people make a bunch of different accounts and spread out their steem they will lose a lot in curation rewards.
This should fix the voting problem and keep people invested in steem.
If not this we need to do something as the steemit traffic is dropping by the day. It might get to the point where we should just give all the steem to the EIP and make a new coin for content creators.