...any work that is getting a large concentration of votes is also gaining the most scrutiny (publicity). Through the addition of negative-voting it is possible for many smaller stakeholders to nullify the voting power of collusive groups or defecting large stakeholders.
The problem with this is that to participate in downvoting, you are risking retaliation and therefore your own profits.
This! Why is downvoting being punished ? It's ridiculous you have to think twice, wait, even thrice, before you flag something inappropriate, because, someone somewhere might get back at you and destroy everything you worked so hard for with 1 or 2 clicks
Its punished because it's a negative action, and not anonymous. So the person you downvote may have literally lost money because you did so, and may retaliate.
On the flip side, what if I post something that a whale doesn't agree with? The platform is essentially censored by whales.
I do understand that, but many minnows have suffered from retaliation, what money does someone lose if I or any other minnow downvote? 1 cent? 2 cents? But if I'd get wacked back it could destroy me with 1 click? There is zero balance in this system the way it is now.
And yes, I agree, if a whale doesn't agree ... who decides what is right or wrong?