Actually investing large sums into STEEM does give them special privileges now.  I get that that is what you are arguing should change.

You have at least a couple of valid points.  The end game value for the platform depends on attracting and keeping minnows, and providing a growth path that many find acceptable.  Not sure if 10K losses to date is unacceptable or not - no data on how many users did other social media sites lose in early days?  100% retention is not a realistic goal of course.  Some losses are expected under any scenario.

And I agree that large SP holders can unintentionally do a lot of harm, as they wander through the china shop with giant hoofs kicking in all directions.  Statistically 100 smaller users will provide better curation than one large bull, even if the bull is well intentioned. 

Continuing series of small adjustments in the rules with very HF is probably the best way to keep tweaking so the platform can stay on a growth course.

If too large of a change is attempted at once, could end up chasing too many away, either whales or minnows, and causing site to go through a user reset - back down to 20K and then start growth cycle again.

I'm surprised that a social media site like steemit doesn't have an active tab where we see all the discussions on HF20 focused.   As it is, various improvement concepts and discussions seem to be scattered all over in various categories.  

Personally I would be interested in knowing - what are the changes that steemit mgmt are actively considering as candidates for HF20?  When will decisions be finalized on what is changing with HF20?  What is the target date for HF20 to go live?

STEEM On!!