Hi folks,
I've not been here very long but in the short time I have, allow me to give my thoughts on Steemit, and in particular, the Steemit flagging system.
Firstly, I am very bullish about the Steemit blockchain. It has enormous potential and will change lives for the better in all parts of the world, allowing everybody, regardless of faith, colour, gender or political persuasion, to make money and provide for their own future. Although Steemit as a platform is in its infancy, there is going to be no limit to the apps and innovations that are going to manifest on top of this blockchain. This will bring exceptional growth once the account application process can be sped up and new people flood into Steemit, learn how things work and then tell their friends. Word of mouth is a powerful recruitment tool; it drives action. What Steemit must do then, as new people sign up, is find a way not to discourage newbies. We have all seen the whale wars that have transpired because of disagreements over certain users abusing the upvoting system (despite already high SP) to pillage the rewards pool, taking huge chunks for themselves in what can only be described as pure greed. This is disheartening for new Steemians'. This brings me to my next point. We all know how hard it is trying to get started on here. Unless you have a ton of money, it is by no means easy. Once new Steemians' see the difficulties of getting started on here - i.e earning enough Steem Power for your posts to remain visible, and to earn greater curation rewards when self-upvoting and curating, it is highly unlikely that they will hang around too long if they see that it is possible for all their hard work to go to waste by being effectively wiped out by a downvoting whale when innocently caught up in a whale war. This can ruin reputations and accounts, putting the person who took a lot of time and effort, to be reduced back to a red fish account and practically invisible. As the platform grows and more and more people flood in, it is going to get even harder to get noticed and grow your account here. This is a real worry. I migrated to Steemit after becoming disillusioned with the likes of Facebook, Google, You Tube and Twitter - all sites that heavily censor and ban users who don't conform to the Liberal, politically correct, mainstream agenda. The censorship on newspaper article, online columns, is now off the hook. If your opinion doesn't fit theirs then it simply does not see the light of day. Your comment is hidden or not uploaded, or they use their army of green upvoting bots to vote up the content that they want to be top comment, which appears at the top of the page (in the case of the UK's Daily Mail) 'Great' I thought, when learning that there was this revolutionary social media platform which actually pays user's in cryptocurrency to blog, upvote and comment on social media posts. Let's try it out I thought. So, after signing up, waiting the obligatory week to get my account approved, I set out to see what this brave new kid on the social media block, was all about. I was pleasantly surprised. I have found Steemit to be a really diverse and interesting place, which I think, over time, can only bring down cultural barriers and make people see that really, no matter where you are from in the world; actually, we aren't all that different. We want the best for our families and to give ourselves a better quality of life, and if we are honest, some nice material things and luxuries. That means working hard: persevering, being diligent but above all patient and determined. In fact, every quality one needs to become successful on Steemit. Those who follow the above principles could and should become a successful Steemian. I say could and should because there is one little drawback. Anyone who has the money can instantly buy their way into whale-dom on this platform. The decentralised protocol of Steemit is by its very nature an attractive one for Libertarians', Anarchists' and those in general who laud free speech and believe that an idea or opinion deserves to be heard, and should not be censored just because one doesn't like what is being said. Therefore, I don't believe in the long run that the current system of flagging is fair, and let me give you an example:
A red fish started an account, kept his or her head down, worked extremely hard: brought value to the platform, started to slowly build SP and build relationships, using Discord, 
