Thanks for adding a lot more information to the trickle I've seen about how SMT's and communities are going to work. It really does seem like this might spur much higher growth, and that will jack the price up.

And, this presents a concern for me. Steemit votes are stake weighted, including votes for witnesses, which means the witnesses can be promoted, added, or replaced completely, by someone with enough stake.

On BTC, and PoW cryptos, in order to take over the blockchain, and potentially corrupt the chain, you need control of 50% + of the miners/nodes in order to do that. The witnesses determine what code runs the Steem blockchain, so all that is necessary to takeover the Steem blockchain, Steem, SMT's, communities, and all, is enough money.

There are people who could spend enough to buy every Steem that exists today, and not even notice, and some of those people directly compete with Steem and it's ecosystem, Steemit, Busy, Dtube, etc... Adding SMT's to that will both increase the threat to competitors, and the profitability of a potential buyout of the big stakes.

When Steem takes off, they'd be stupid to just let it replace their cash cows. The Zuckerburgs and Schmidts have the money, the trend will be up, and their $B's being earned today from Alphabet, and Fakebook, will be on the line. They saw what happened to Myspace when Fakebook took it's users, and Ebay when Amazon did.

I have been raising this issue with folks as can address it as I can. I've not had any answer that made me comfortable this was even a flaw, as the stake necessary to control the witnesses would be purchased by the Sybil attackers in that event, and the holders of all that mined Steem would float off into the sunset of free speech on golden parachutes of cash.

How can Steemit become secured, so that it doesn't just get bought in a hostile takeover, and all our accounts be simply transferred to Fakebook and Youtool?

I'd appreciate any substantive response you can give.

Thanks!