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RE: Delegation Issue
I am a stakeholder, and note that I don't care if my stake increases in value
Extreme edge cases don't matter. The vast majority (particularly when stake weighted) does care, and even if it weren't a majority, it is still the main point of commonality which means it is where votes will most align and the where most rewards will be directed.
Don't disregard the rest of my comment. Despite the fact that edge cases are perhaps the most important to consider, as they reveal potential paradigm shifts, the fact that almost all rewards inure to whales and HF21 more than halves those escaping them is highly relevant.
The rest of your comment is old news, and we don't even disagree that a lot of the reward payouts have been captured by large stakeholders. We disagree on what HF21 is attempting to do (IMO it is specifically intended to moderate this, in its overall systemic effect). What it does or not will play out over the next several months.