The only problem with your argument is that @steemit and @dan basically willed themselves a large chunk of STEEM before they allowed others in.

And so, it was not something they acquired honestly. Thus, what they are doing is criminal, and should have a stop put to it.

But, is seeking justice more painful than just taking the hit?

Now, we can talk about whether @dan and @steemit got the STEEM honestly. They did in fact start steem. The only thing that really comes into question is the amount of STEEM they have is so overwhelming compared to anyone who earned STEEM from upvotes, that you can't make a statement that THAT amount was fair compensation for starting steem.

If @dan and @steemit sell into the open market, then those buying it will be much better curators than @dan. However, there are two worse cases. It is easy to become a super whale at the deflated prices STEEM will be when all that is dumped, and suddenly a huge chunk of STEEM actually starts voting.

The other case is worse. That @dan has a buyer already lined up. And that buyer is a deep state operative. So, we are about to see some deep-state shills with a lot of voting power here shortly.

So, i do not disagree with you.
Taking people's rightfully earned property is not a good thing.
And, once we open that door, it can't be shut.

But, that isn't quite the case here.