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RE: Mini-Rant: If the Dev's implement socialism in Steemit, I'm powering down. (repost, rewards refused)
I don't have a problem with whales having a lot of Steem. I have an issue with them downvoting good content. That feels unwelcome and it will feel unwelcome to others. Adoption has slowed and this won't help more adoption.
People who contribute to the system should have more. But unless someone is plagiarizing content or posting adult content, then downvoting is questionable as to whether people will feel welcome. In addition, one could easily just report content.
Everyone has the right to vote their stake. A whale should be highly motivated to preserve the system that they are so heavily invested in, and vote in the smartest way possible. There may be dumb whales though, but a fool and his money are soon parted as they say.
Show me one whale where his downvoting resulted in him parting with his money.
Also to think that people vote smart - especially rich people who profit from votes - is the opposite of smart. (If you don't get what I mean: Repeated studies, esp. on traders at stock exchanges, have shown that greed leads to very bad decisions. The higher their stake, the more irrational they become.)
It was a general expression. But if the whales shit up the platform by voting poorly, then the price of steem will go down and they'll lose money.