RE: No, Steemit Is Not Anarchic - So What Is It?
I think Steemit is still establishing itself, in a way. Over the last month or so many writers from the field of Anarchy have arrived, so that is the popular thing at the moment. Maybe it will remain so, maybe not. Perhaps other "celebrities" will show up, with their followers and sway opinion.
I think the Blockchain nature of Steemit allowed for an easier transition of anarchist minded thinkers to settle in here. At least for those to had a familiarity with Bitcoin, or other cryptos. But, like you say, Steemit isn't anarchic by nature. There does appear to be a hierarchy, which is a de-facto from of rulership. Rulership lite, perhaps. Rulership via influence.
But I think it has a lot of potential. It does have the potential to be a far more "democratic" system than those we have dealt with before. Will it live up to that potential? I hope so.
It could get overrun with noise, it could get controlled by whales, or it could evolve, through human ingenuity as systems are developed to help Steemit evolve. That's what I think will occur.
The incentive so far @naquoya is to upvote content on will without even reading. If its a whale then you upvote and leave a bogus comment. This creates a psychological bias as well. Wait until avid bot programmers join the system and the situation will get very much like the investing in the S&P500 while most companies fade to oblivion.
Also don't forget. The blockchain is forever. This is something that most people need to get wrapped really well in their head.