RE: Do You Want a Corporate Governing Culture, or a Socially Self-Governing Community?
Well, anything that incentivize whales to not vote is improving power concentration.
So there are 2 ways to go about it, you can get decentralization of power while keeping curation by creating incentives for whales to not vote ( I changed my proposal recently to include curation rewards, basically 50% would go to authors, 15% to curators and 35% to moderators) or you can just remove the incentives that encourage whales to vote.
By removing curation rewards whales will not autovote with bots, that means that they will vote a lot less and they won't be incentivize to vote at 100% on content which means they will spread the rewards a lot more when they do vote. They are also more likely to delegate power ( new HF17 feature) if there are no curation rewards. The shift of power to the active user base will occur naturally because the power will be given to those who are active since bots will barely upvote anymore.
I would prefer the first solution obviously as it guarantees that all the power is given to the 99% bu the second solution could definetely help solve some issue regarding power concentration.
How about just delinking wealth from votes?
Occams's Razor, for reasons.