Great content. I've been an infrequent user of steemit for about a year and a half now and in that time have seen quite a bit of whale controversy here and there but this definitely seems to be a new extreme.

Your analysis of that section of steems whitepaper is very relevant. I admire your ability to step away and look at this situation without bias. Though it really will be interesting to see how this works out. If this does catch on and the system is abused like this it could spell serious misfortune for the future of the steemit community. But who knows!

We will see. Again, great content, thanks for the info!

Best,
M