Everything in this system is voluntary. The reason Steem has value is because you believe it does. Steem, and every other blockchain, are all huge social experiments we choose to be a part of. The situation in this experiment at the moment is pretty dire, and it's up to every individual to decide if this is acceptable and if they want to be a part of this.
My thoughts exactly! I still like this place and i hope my 2 years hasn't been for nothing! I personally don't care what any individual does with their stake, but i do see the problem with one person having too much control, and i don't really understand exactly how all this blockchain business works or how stake was pre mined but some more real communication from ned and steemit incorporated would be really nice to see! Myself, i intend on doing what i've been doing for two years now, and post my photography in hopes that someone will enjoy it!