I think the problem comes when a newbie comes and create some content , he doesn't have this in mind that I want to create content which would get whale's upvote but he wants other users to like it but what happens is that when he sees another post which may not be popular among most users but only with whales on the trending page with that huge payout his outlook changes. He is now more concerned with coming up with content that may get him whales upvote rather than content what he likes to create.
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keep in mind that during the initial stages of the universe, it wasnt a very nice place to be, all that cosmic radiation. If you constrain a system to have to be perfect for its entire duration, then it needs to magically appear as a perfect solution. Seems a bit unlikely though quantum mechanics says that anything is possible.
However, I prefer a system that is good enough to being with that is incrementally improved. We have what we have and since my timemachine is broken, cant change the past. So from here, making the incremental improvements is the key.
It would be good if each whale picked some speciality they liked so can act as a magnet for that sort of content. There are a few hundred whales, depending on where the cutoff is, so that is room for quite a lot of different categories
The steem idea was about decentralization , and what we see here is cartel formation.
no
the reason is that each whale on his/her own creates a magnetic attractor