Just caught up with your discussions on Telegram, I admit that you know much about China. That's good for us.

In regards to account farming, the first issue is that it will drain funds from the registrars (currently steemit). When accumulated enough accounts, for example 10k even 100k accounts with 10 SP each, it's not hard to run bots to earn curation rewards, then power down / sell. Perhaps they'll also have some level of influence on some topics/areas.

Yes, people who want to do things will do regardless, some will succeed, some will fail. I'm perhaps too negative right now, which is not good.