No doubt true, but is the answer to do nothing?
The answers start with asking the right questions.
Perhaps that is so, but we must work with its constraints. There are alternatives with other constraints for people to choose from, or the constraints can be changed with enough support.
The continual problem that's never been addressed.
Those that can change anything have no (short term) incentive to do so.
The governance structure has not changed...
...Nor will it, not without real incentives to do so.
It was in losing the ability to govern on STEEM that we have a HIVE blockchain at all.
Are you sure that's the whole reason, or is that propaganda issued from people with their own (non altruistic) agenda's?
That isn't a criticism of it, btw - just trying to be objective - and not emotional - about it.
And this part - here - is me being critical about it...
Oligarchs are gonna oligarch. One part of the characteristics of an oligarchy, is maintaining the status quo.
Maintaining the status quo will be the number one reason for the demise of this platform.
They never endure.
*I'm only look at it from a social media perspective - not a financial product, tech development, etc..