I'll buy that. There is still a potential for the "powers" to raid someone's account as a form of "punishment", on behalf of the community. And that can happen to any one of us. But we just have to trust the ones in power to do the right thing. Just like we do with our civil governments.

But that aside, I wonder what's taking so long for Steemit Inc. to do something about this. Are they applying anarchist principles to an extreme and willing to just let things play out? Or do they not care because Steemit really isn't what they are hanging their hat on because they have bigger and better uses for the blockchain they are hoping to attract? Maybe @dan sees the inherent problems that aren't being dealt with and plans to launch a social media platform that solves the problems and provides a better user experience?

One of the many things I don't understand and maybe you can shed light on this since you've been around longer - how much of this is controlled or influenced by the Witnesses? Do they vote on changes to the code that change the payout algorithm or is that completely controlled by Steemit Inc., which from what I hear 51% owned by @ned? And also how many of the developers making the changes to Steemit are also Witnesses who are also the ones at the top receiving the financial benefits of being a whale and so have little incentive to change what works for them at the expense of the minnows? And who is @freedom who single-handedly puts several witnesses into the top spots making millions annually (potentially)?